The forecast for Germany’s tar sands and oil shale trade balance shows a gradual decrease from 730.0 metric tons in 2024 to 670.0 metric tons in 2028. This represents a 8.22% decline over the five-year period and an average annual decrease (CAGR) of 1.71%. In comparison to the trade balance data from 2023, these figures mark a continuance in this downward trend.

Future trends to watch for:

Potential shifts in energy policies, influencing import needs.
Technological advancements impacting extraction and consumption efficiency.
Fluctuations in global oil prices affecting trade balance.
Rise of alternative energy sources possibly reducing reliance on tar sands and oil shale.