The data forecasts a steady decline in natural gas consumption in the German textile and leather sector from 2024 to 2028. Starting at 8.09 thousand terajoules in 2024, the consumption decreases each year, reaching 6.83 thousand terajoules by 2028. This represents an average annual reduction rate, with the compound annual growth rate (CAGR) reflecting a consistent downward trend.
Future trends to watch for:
- Increasing efficiency measures and technology adoption in the textile and leather industry.
- The impact of regulatory changes and sustainability initiatives on energy consumption.
- Potential shifts towards alternative energy sources driven by environmental policies.
- Economic conditions influencing industrial output and subsequent energy demand.