Forecast: Liquefied Petroleum Gases Available for Final Consumption in Germany

In 2023, the liquefied petroleum gases available for final consumption in Germany stood at 3.28 Million Tonnes of Oil Equivalent (MTOE). The period from 2013 to 2023 demonstrated fluctuations with significant peaks and drops, particularly a marked increase in 2017 by 31.99% and a decline in 2018 by 11.84%. Over the last two years, the consumption volume saw a modest increase of 0.3% in 2023. The compound annual growth rate (CAGR) over the last five years was approximately 0.091%, indicating relatively stable consumption.

Future trends suggest a steady and incremental increase in consumption, with forecasts from 2024 to 2028 indicating a small but consistent CAGR of 0.23%. Industry stakeholders should monitor technological advancements in LPG usage, potential regulatory changes, and shifts in energy preferences towards greener alternatives.