The 2024 forecast predicts a steady increase in natural gas consumption in Germany's construction sector, starting from 646.48 Thousand Tonnes Of Oil Equivalent. This follows the actual data from 2023. Consumption is anticipated to rise year-on-year, with future values hitting 662.26 in 2025, 677.89 in 2026, 693.35 in 2027, and 708.67 in 2028. Over the five-year span, the compound annual growth rate (CAGR) indicates a consistent growth in natural gas usage within the industry. This reflects a growing reliance on natural gas as a key energy source for construction activities.
Future trends to monitor include:
- Potential policy changes aimed at reducing carbon emissions, which might impact natural gas consumption.
- Advancements in energy-efficient construction technologies that could alter energy demand.
- Economic fluctuations which could affect construction activity levels and thus energy requirements.