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.