Crude oil imports to Germany are forecasted to decline steadily from 78.69 million tonnes of oil equivalent in 2024 to 73.65 million tonnes in 2028. This forecast demonstrates a consistent year-on-year decrease of approximately 1.65%, indicating a downward trend in import volumes. In comparison to the estimated levels around 2023, this trend suggests a gradual reduction in reliance on crude oil imports.

Future trends to watch for:

Increasing investment in renewable energy sources and potential policy changes could further accelerate the decline in crude oil imports.
Technological advancements in energy efficiency and storage solutions.
Global economic shifts and geopolitical events impacting oil supply chains.