The forecast for Germany's Liquefied Petroleum Gases (LPG) gross heat production shows consistent growth from 2024 to 2028. Starting at 810.0 tonnes of oil equivalent in 2024, it increases steadily to reach 860.0 tonnes by 2028. This represents a moderate year-on-year growth of around 1.2% to 1.5% annually over these years. The compound annual growth rate (CAGR) for these five years is projected at approximately 1.5%. In 2023, LPG gross heat production stood slightly lower, indicating a positive growth trend starting from 2024.
Future trends to watch for include technological advances in LPG production, shifts in energy policies that could affect supply and demand dynamics, and the influence of renewable energy sources on the LPG market. Continuous monitoring of international agreements on carbon emissions will also be critical, as they may impact the LPG sector.
