Forecast: Wood and Wood Products Sector Final Consumption of Renewables and Biofuels in Germany

In 2023, the wood and wood products sector's final consumption of renewables and biofuels in Germany stood at 15.66 thousand gigawatthours. Forecasted values from 2024 to 2028 indicate a steady increase, with a compound annual growth rate (CAGR) of approximately 2%. The projections suggest growing adoption and integration of renewable energy sources within the sector, maintaining a consistent upward trend.

Future trends to watch for include:

  • Potential policy changes or technological innovations that could accelerate this growth.
  • The sector's response to global environmental targets and regulations.
  • Economic factors that may influence the rate of renewables adoption.

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