The forecast for primary solid biofuels consumption in Germany's wood and wood products sector shows a steady annual growth from 2024 to 2028, starting at 57.53 thousand terajoules in 2024 and increasing to 62.39 thousand terajoules by 2028. This represents a compound annual growth rate (CAGR) around 2% over the period. In 2023, actual consumption was lower, reflecting a clear upwards trend moving forward.
Future trends to watch for include:
- Potential policy changes in Germany regarding renewable energy incentives and their impacts on biofuel consumption.
- The pace of technological advancements in biofuel production and usage efficiencies.
- Global market dynamics and their influence on the domestic biofuel supply chain.