In 2023, the consumption of solid fossil fuels in Germany's transport equipment sector stood at an estimated level slightly below the 2024 forecast value of 327.0 thousand metric tons. The forecast shows a steady increase, with annual consumption rising by approximately 6.4% in 2025, 5.9% in 2026, 5.6% in 2027, and 5.2% by 2028, resulting in a CAGR of about 5.75% from 2024 to 2028. This upward trend indicates a consistent rise in demand for solid fossil fuels over the forecast period.
Future trends worth watching include:
- The impact of Germany's climate and energy policies on fossil fuel consumption.
- Technological advancements in the transport equipment sector that may reduce fuel dependency.
- The transition towards alternative energy sources within the sector.