In 2023, the final consumption of gas oil and diesel oil in Germany's transport equipment sector stood at a higher level compared to 2024, which marks the outset of a predicted decline. From 2024 to 2025, consumption is forecasted to decrease by approximately 3.8%, followed by a further 3.6% drop from 2025 to 2026. This trend continues with anticipated decreases of 3.4% and 3.2% for 2026-2027 and 2027-2028 respectively. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates an average yearly decline of about 3.6%.
Future trends to watch for include:
- The impact of increasing adoption of electric vehicles on diesel consumption.
- Shifts in transportation policy favoring alternative energy sources.
- Advancements in fuel efficiency technologies in the automotive sector.
