Forecast: Liquefied Petroleum Gases Gross Inland Consumption in Germany

In 2023, the actual gross inland consumption of liquefied petroleum gases in Germany stood at approximately 1.22 million tonnes of oil equivalent. Forecasted values indicate a gradual increase, reaching 1.29 by 2028. The year-on-year growth rates show consistent increments around 0.79% to 0.83%, reflecting a steady upward trend. The compound annual growth rate (CAGR) for this period is approximately 1.14%, indicating moderate growth.

Future trends to watch for:

  • Potential impact of Germany's energy transition policies on LPG consumption.
  • Technological advancements in storage and distribution that may enhance efficiency and reduce costs.
  • Changes in industrial demand influenced by economic factors or shifts to alternative energy sources.

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