In 2023, the final consumption of natural gas in Germany's construction sector was the baseline for future forecasts. From 2024 to 2028, consumption is expected to grow steadily each year, with year-on-year variations increasing at an average of 2.4%. The compound annual growth rate (CAGR) for the period of 2024 to 2028 is projected to be 2.3%, indicating a stable upward trend in natural gas consumption.
Future trends to watch for include:
- The impact of Germany's energy transition policies on natural gas demand in the construction sector.
- Technological advancements in construction leading to potentially more energy-efficient practices.
- Shifts in economic conditions that could influence construction activity levels and, consequently, natural gas consumption.