In 2023, fossil energy consumption in Germany's transport equipment sector stood at 2.03 million tonnes of oil equivalent. From 2024 onwards, forecasts indicate a gradual decline, with consumption decreasing from 2.01 in 2024 to 1.95 by 2028. The year-on-year percentage variation shows a steady reduction: -0.5% from 2024 to 2025, -1.0% from 2025 to 2026, -0.5% from 2026 to 2027, and -1.0% from 2027 to 2028. The compound annual growth rate (CAGR) over the forecasted period from 2024 to 2028 is approximately -0.99%, indicating a consistent downward trend.
Future trends to watch include the impact of Germany's energy transition policies and increased adoption of electric vehicles, which are likely to further reduce fossil fuel reliance in the transport sector. Additionally, technological advancements in fuel efficiency and alternative fuels may accelerate this decline, potentially outpacing current projections.
