The final consumption of coke oven gas in Germany's iron and steel sector shows a consistent upward trend from 2024 to 2028. Compared to 2023, where actual data stood at a slightly lower baseline, the projected growth looks stable. Year-on-year increments display a minimal yet positive change, growing by approximately 0.07% annually, reflecting a steady expansion. Over the five-year forecast period, the compound annual growth rate (CAGR) is maintained around 0.07%, indicating incremental growth.
Future trends to watch for:
- Technological advancements that might improve energy efficiency in the sector.
- Policy changes aiming for reduced emissions and cleaner energy usage.
- Economic shifts impacting industrial demand within Germany and wider Europe.