In 2023, Germany's fuel oil closing stock stood at approximately 1.05 million metric tons. From 2024 to 2028, forecasts indicate a continuous decline. The year-on-year percentage change from 2024 to 2025 is a decrease of around 1.94%, followed by further decreases of approximately 2.28% and 2.13% in the subsequent years up to 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) for the fuel oil stock is expected to be roughly -2.1%, reflecting a steady downward trend in inventory levels.
Future trends to watch for include potential policy changes related to energy transition, which could impact fuel oil demand and stock levels. The influence of alternative energy sources and changes in industrial consumption patterns might also play crucial roles in shaping stock forecasts.
