The forecasted natural gas final consumption in mining and quarrying in Germany shows a consistent decline from 2024 to 2028. The value in 2023 stood at approximately 2.9 thousand Terajoules. The year-on-year decline ranges from around 14% to 24%. From 2024 to 2028, the CAGR indicates an average annual decrease of approximately 18.4%.
Future trends to watch for include:
- Continued emphasis on renewable energy adoption, potentially accelerating the decline in natural gas consumption.
- Technological advancements that may reduce reliance on natural gas in mining and quarrying.
- Policy changes that might impact energy consumption patterns in the sector.