Forecast: Electricity Final Consumption in Textile and Leather Sector in Germany

In 2023, the electricity consumption in the textile and leather sector in Germany stood at 6.14 thousand terajoules. The forecast from 2024 to 2028 shows a clear declining trend, with a significant year-on-year decrease. By 2028, the consumption is expected to drop to 4.08 thousand terajoules. This downward trajectory indicates a shift possibly due to technological innovation, energy efficiency improvements, or structural changes in the industry. The cumulative average growth rate over these years suggests a substantial decrease annually.

Future trends to watch for include:

  • Potential policy changes related to energy efficiency.
  • Technological advancements in energy use within the sector.
  • Shifts in textile and leather production geographic location.
  • Impact of broader economic factors affecting production output.

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