In 2023, Germany's petroleum coke imports were higher, suggesting a gradual decline in import levels looking forward. From 2024 to 2028, forecasts indicate a consistent downward trend in petroleum coke imports, dropping from 447.89 to 382.65 thousand tonnes of oil equivalent, reflecting a year-on-year decrease in volume. The projected compound annual growth rate (CAGR) further accentuates this declining trend.
Future trends to watch for include:
- Potential shifts in energy policy promoting renewable energy sources.
- Technological advancements affecting petroleum coke demand.
- Global economic conditions influencing import volumes.