The German wood and wood products sector will see a steady increase in renewables and biofuels consumption from 2024 to 2028, with modest growth rates of approximately 1-2% each year, culminating in a projected consumption of 1.39 million tonnes of oil equivalent by 2028. Projections show a compound annual growth rate over this period, indicating gradual adoption of sustainable energy resources following initiatives to enhance energy efficiency. In 2023, the consumption stood slightly lower, setting a baseline for these incremental forecasts towards environmentally friendly practices.
Future trends to monitor include technological advancements in energy conversion, policy shifts favoring green energy investment, and broader market adaptations to climate change imperatives, which could drive a more accelerated uptick in renewable and biofuel usage in the wood products industry.
