The consumption of renewables and biofuels in the non-ferrous metal sector in Germany is forecasted to increase from 290.0 Tonnes Of Oil Equivalent in 2024 to 310.0 in 2028. From 2024 to 2025, there is a year-on-year increase of 3.45%. Stable consumption is forecasted from 2025 to 2027, showing no year-on-year change. A slight increase of 3.33% from 2027 to 2028 is expected. Over five years, this reflects a modest Compound Annual Growth Rate (CAGR) of approximately 1.67%.
Future trends to watch for:
- Technological advancements improving efficiency in renewable energy usage.
- Policy changes and incentives promoting renewable energy uptake.
- Market responses to changes in energy prices and demand-supply dynamics.
- Impact of recycling and material efficiency efforts within the non-ferrous metal sector.
