The value added of coke and refined petroleum products in Germany shows fluctuations over the historical period from 2013 to 2023, peaking in 2015 at EUR 5.46 billion and bottoming out in 2014 at EUR 3.51 billion. As of 2023, this value stands at EUR 4.67 billion. The annual changes highlight some volatility: sharp increases in 2015 (+55.5%) followed by declines like in 2018 (-17.51%). However, the recent five-year CAGR (2019-2023) is more stable at 0.76%. Forecasted data from 2024 onwards project minimal growth with a CAGR of 0.16% towards 2028, indicating steady, albeit slow, growth.
Future trends to watch for include potential impacts of green energy transitions, regulatory changes affecting fossil fuel-based industries, and global economic conditions influencing demand for refined petroleum products. Monitoring these factors will be critical for anticipating further developments in this sector.
