The forecast for gas oil and diesel oil consumption in the machinery sector of Germany indicates a consistent decline from 2024 to 2028. Starting at 130.4 thousand tonnes in 2024, consumption is expected to decrease by approximately 11.65% year-on-year, reaching 70.59 thousand tonnes in 2028. This represents a compound annual growth rate (CAGR) of approximately -14.55% over the five-year period, indicating a strong downward trend.
Future trends to watch for include:
- Technological advancements and adoption of more energy-efficient machinery could accelerate the decline.
- Policy changes promoting renewable energy and stricter emissions regulations may further reduce reliance on gas and diesel oils.
- Market shifts towards electrification in the machinery sector could influence future consumption patterns.
