Forecast: Bioenergy Energy Supply in Germany

The bioenergy energy supply in Germany reached 30.21 Million Tonnes Of Oil Equivalent in 2023, showing a year-on-year increase of 2.95% from 2022. Over the last two years, the sector has seen steady growth with percentages of 2.61% in 2022 and 5.36% in 2021. The compound annual growth rate (CAGR) over the last 5 years is 2.86%, illustrating consistent upward momentum.

From 2024 onwards, the forecasted data indicates a continuous rise, with an expected growth rate of 10.78% over the next five years and a forecasted CAGR of 2.07%. Future trends to watch for include advances in bioenergy technology, policy incentives for renewable energy, and potential shifts in energy demand and supply dynamics. Such factors could significantly influence the projected growth trajectory.