Forecast: Blast Furnace Gas Final Consumption in Industry in Germany

In 2023, Germany's blast furnace gas final consumption in the industry was observed at 1.26 million tonnes of oil equivalent. From 2024 to 2028, a declining trend is forecasted, with consumption dropping from 1.24 to 1.16 million tonnes. This represents a year-on-year decrease of approximately 1.61% between 2024-2025, 1.64% between 2025-2026, 1.67% between 2026-2027, and 1.69% between 2027-2028. The compound annual growth rate (CAGR) over these five years is approximately -1.58%, indicating a steady reduction in consumption.

Future trends to watch for include:

  • The impact of Germany’s energy transition policies on industry usage of blast furnace gas.
  • Technological advancements in gas efficiency and alternative energy sources.
  • Regulatory changes affecting the steel industry and associated energy consumption patterns.

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