In 2023, the consumption of blended biodiesels in Germany's agriculture and forestry sectors stood at an actual value, from which future values have been forecasted. From 2024 to 2028, consumption is projected to rise steadily, showing modest year-on-year growth. Particularly, from 2024 to 2025, there is an approximate increase of 3.03%, with the trend continuing upward, marking a 3.65% increase by 2026, followed by a smaller rise from 2026 to 2027 of 1.85%, and a 1.44% increase from 2027 to 2028. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is approximately 2.18%.
Looking ahead, several trends could influence future consumption dynamics:
- The development and implementation of new agricultural and forestry policies favoring sustainable practices.
- Technological advancements in biodiesel production improving efficiency and reducing costs.
- Potential shifts in global energy markets, affecting biodiesel demand and supply dynamics.
- Growing environmental consciousness, driving further adoption of renewable energy sources.
