The final consumption of primary solid biofuels in the German industry is projected to grow from 2.32 million tonnes of oil equivalent in 2024 to 2.43 million tonnes in 2028. This signifies a steady increase, with a year-on-year growth rate of approximately 1.29% between 2024 and 2028. In 2023, actual consumption was slightly below 2.32 million tonnes, indicating consistent growth in biofuel utilization. The compound annual growth rate (CAGR) over the forecast period is about 1.18%, suggesting a stable increase in consumption.
Key future trends to watch for include the potential impact of technological advancements in biofuel efficiency, regulatory policies promoting renewable energy, and market dynamics in the bioenergy sector that might influence consumption rates.
