Forecast: Non-Ferrous Metals Sector Final Consumption of Natural Gas in Germany

The data forecasts a steady increase in the consumption of natural gas by the non-ferrous metals sector in Germany from 2024 to 2028. In 2023, actual consumption stood at a value significantly lower than the 2024 forecast. From 2024 to 2028, the year-on-year growth rate is marginal but positive, illustrating a gradual upward trend. The compound annual growth rate (CAGR) over this five-year period indicates a consistent, albeit slow, increase in natural gas consumption.

Future trends to watch for include:

  • The impact of technology on energy efficiency within the sector, potentially altering future consumption predictions.
  • Regulatory changes aimed at reducing carbon emissions, possibly impacting natural gas usage.
  • Market dynamics in related sectors which could influence the demand for non-ferrous metals and, consequently, energy consumption.

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