In 2023, the non-ferrous metals sector in Germany had a solid fossil fuels consumption of 31.90 thousand tonnes of oil equivalent. The forecast data from 2024 to 2028 shows a gradual increase, with yearly consumption rising from 32.56 to 34.3 thousand tonnes of oil equivalent. The year-on-year variations depict modest growth with an average of approximately 1% annually over the forecast period. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is estimated to be around 1.03%.
Future trends to watch for include the sector's adaptation to regulatory changes and innovations in energy-efficient technologies. The shift towards renewable energy sources may significantly influence consumption patterns, potentially curtailing the reliance on solid fossil fuels in the longer-term horizon.
