The consumption of fuel oil in Germany's paper, pulp, and printing sectors is forecasted to decrease sharply from 2024 to 2028, falling from 268.96 Terajoules in 2024 to just 96.23 Terajoules by 2028. This equates to year-on-year reductions, highlighting a substantial decline.
- From 2024 to 2025, a reduction of approximately 16.3% is expected.
- From 2025 to 2026, a further decline of about 19.3% is anticipated.
- Between 2026 and 2027, the decrease is projected to be approximately 23.6%.
- From 2027 to 2028, a significant reduction of about 30.6% is forecasted.
When looking at the cumulative annual growth rate (CAGR) between 2024 and 2028, the sectors are expected to see an average annual decrease of approximately 21%. In 2023, the consumption stood at similar levels to those forecasted for 2024, signifying the beginning of a strong downward trend.
Future trends to monitor include shifts towards alternative energy sources, which may be accelerated by energy policy changes, advancements in renewable technologies, and increased sustainability commitments within the industry. These factors could potentially influence continued reduction or stabilization of fuel oil consumption beyond 2028.
