In 2023, Germany imported 304.23 thousand terajoules of kerosene-type jet fuel (excluding biofuels). The forecast for 2024 is set at 310.89 thousand terajoules, marking a 2.19% increase from the previous year. By 2028, imports are expected to reach 337.18 thousand terajoules, reflecting a compounded annual growth rate (CAGR) of approximately 2.08% over five years. This steady rise indicates a consistent demand for jet fuel, potentially linked to economic and aviation sector growth.
Future trends to watch for include:
- Potential impacts of sustainability initiatives and regulations on jet fuel consumption.
- Technological advancements in biofuels that could alter import dynamics.
- Geopolitical factors affecting oil prices and supply chains, influencing import levels.