The forecasted refinery output of gas oil and diesel oil (excluding the biofuel portion) in Germany shows a consistent decline from 2024 to 2028. In 2023, the actual output was 463.17 thousand gigawatt-hours. Year-on-year variations show approximately a 0.74% decrease in 2025, a 0.74% reduction in 2026, a 0.74% decrease in 2027, and a 0.74% drop in 2028, indicating a steady downward trend. The Compound Annual Growth Rate (CAGR) over the 5-year period forecasts an average yearly decrease of around 0.74%.
The future trends to watch for include:
- Potential shifts in energy policy and environmental regulations in Germany affecting the oil industry.
- Advancements in alternative energy sources reducing reliance on fossil fuels.
- Economic factors altering demand in transportation and industrial sectors.
- Technological innovations that could impact refinery processes and efficiency.