In 2023, the final consumption of renewables and biofuels in Germany's wood and wood products sector stood at approximately 1.31 million tonnes of oil equivalent. From 2024 to 2028, forecasts indicate a steady increase, with values of 1.33, 1.35, 1.36, 1.37, and 1.39 million tonnes respectively, signifying a gradual growth trend. Year-on-year variation hovers around a consistent small growth percentage, leading to a five-year compound annual growth rate (CAGR) that illustrates modest but stable consumption increase.
Future trends to watch include:
- Technological advancements in biofuel production.
- Policy shifts favoring renewable energy adoption.
- Potential supply chain disruptions or innovations in raw material sourcing.
- Influence of global market dynamics on local consumption patterns.
