The forecast for kerosene-type jet fuel consumption in domestic aviation in Germany indicates a gradual incrementation from 2024 to 2028. In 2023, the consumption stood slightly below 30.4 thousand terajoules. The year-on-year growth is modest, averaging around 0.5% annually over the forecast period. This results in a Compound Annual Growth Rate (CAGR) of approximately 0.5% from 2024 to 2028, reflecting a stable yet slow rise in fuel demand.
Future trends to watch for include:
- The integration of biofuels and sustainable aviation fuels, which may alter consumption patterns.
- The impact of technological advances in aviation that increase fuel efficiency.
- Regulatory changes aimed at reducing carbon emissions in the aviation industry.
- Market reactions to geopolitical events that might affect energy prices and availability.