Forecast: Paraffin Waxes Energy Supply in Germany

The paraffin waxes energy supply in Germany is projected to decrease from 729.74 GWh in 2024 to 323.52 GWh by 2028, showcasing a significant downward trend. The year-on-year analysis from 2024 to 2025 predicts a reduction of approximately 14.1%, while 2025 to 2026 reflects a similar decrease of 16.3%. A consistent decline continues into 2027 with a 19.3% drop, and further into 2028 with a 23.6% reduction. Given that the value stood at 830 GWh in 2023, the compounded annual growth rate over these forecasted years reflects a considerable negative trend.

Future trends to watch include:

  • Potential shifts towards alternative, more sustainable energy sources in Germany, which could further decrease reliance on paraffin waxes.
  • Policy changes or technological advancements that might influence the paraffin waxes sector.
  • Market responses and adaptations by key industry players to counteract declining demand.

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