The forecast for blended biodiesel transformation output in Germany from 2024 to 2028 shows a steady increase from 2.57 to 2.64 Mtoe. Compared to the 2023 level of 2.55 Mtoe, the data suggests modest year-on-year growth: 0.78% from 2024 to 2025, followed by slight increments nearing 0.39% annually up to 2028. This results in a compounded annual growth rate (CAGR) of approximately 0.68% over five years.
Trends to watch for include:
- Government policies on sustainable energy which could accelerate growth.
- Technological advancements in biodiesel production improving efficiency.
- Fluctuations in oil prices potentially impacting biodiesel demand.
