In 2023, natural gas final consumption in Germany's industry was recorded at 233.8 thousand gigawatt-hours. Forecasts show a moderate increase in consumption to 236.92 thousand gigawatt-hours by 2028, with a year-on-year growth rate ranging from 0.20% to 0.34%. Over the five-year period, the compound annual growth rate (CAGR) is estimated to be approximately 0.26%.
Future trends to watch for include:
- Impact of Germany's energy transition policies on industrial natural gas consumption.
- Technological advancements and their influence on energy efficiency in the industrial sector.
- Market volatility due to geopolitical factors affecting natural gas supply.