In 2023, the final consumption of fuel oil in Germany's paper, pulp, and printing sectors stood at a certain level, with forecasted data indicating a year-on-year decrease from 2024 through 2028. Specifically, consumption is anticipated to decrease by roughly 9% in 2025, decrease around 10% in 2026, fall by approximately 11% in 2027, and decrease about 12% in 2028. The compound annual growth rate (CAGR) for the period 2024-2028 reflects a substantial decline in fuel oil usage, averaging about a 10% reduction per year over these five years.
Future trends to watch for:
- Continued emphasis on sustainable energy options may further drive down fuel oil consumption.
- Technological advancements might offer more energy-efficient alternatives within these industries.
- Regulatory policies aimed at reducing carbon emissions are likely to impact fuel choice and consumption patterns.