As of 2023, the consumption of gas oil and diesel oil, excluding biofuel, in Germany's transport equipment sector stood at 306.32 Gigawatthours. The forecasted data from 2024 to 2028 shows a steady decline in consumption. From 2024 to 2025, there is a 7.37% decrease, followed by decreases of 7.88% in 2026, 8.47% in 2027, and 9.16% in 2028. The Compound Annual Growth Rate (CAGR) over the five-year period projects a consistent decline of 7.84% per annum.
Future trends to watch for:
- Transition towards renewable energy sources and technology innovations in transportation.
- Regulatory changes aiming to reduce carbon emissions could accelerate the shift from diesel consumption.
- Emergence of electric and hybrid vehicle adoption impacting overall fuel consumption in the sector.