In 2023, the fuel oil final consumption in Germany's paper, pulp, and printing sectors was recorded at 7.0 thousand tonnes of oil equivalent. The forecast for 2024 shows a decrease to 6.12, marking a 12.6% reduction compared to the previous year. This declining trend continues with a year-on-year decrease, showing estimated figures of 5.4 in 2025, 4.75 in 2026, 4.15 in 2027, and 3.61 in 2028. The compound annual growth rate over this period is indicative of a steady decline in fuel oil consumption.
Future trends to watch for:
- Increased adoption of renewable energy sources and energy-efficient technologies in the industry.
- Potential impact of regulatory policies focused on reducing carbon emissions.
- Industry shifts towards digitalization diminishing the demand for traditional print media.