Forecast: Natural Gas Final Consumption in Machinery Sector in Germany

The final consumption of natural gas in Germany's machinery sector is projected to display a slight downward trend from 2024 to 2028. Starting at 1.71 million tonnes of oil equivalent in 2024, the consumption declines marginally to 1.68 by 2028. This reflects minimal year-on-year decrease rates of approximately 0.6% over these years. The Compound Annual Growth Rate (CAGR) is estimated to be negative over the 5-year period, indicative of a gradually shrinking demand likely due to increased energy efficiency and potential shifts to alternative energy sources.

Future trends to watch for include potential impacts of policy changes aimed at reducing carbon emissions, technological advancements promoting greener energy use, and fluctuations in natural gas prices which could alter consumption patterns in the machinery sector.

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