In 2023, the final consumption of natural gas in Germany’s non-ferrous metals sector was 36.65 thousand terajoules. The forecast from 2024 to 2028 indicates a steady increase, with the consumption projected to rise from 37.19 thousand terajoules in 2024 to 39.34 thousand terajoules in 2028. The year-on-year growth rates from 2024 to 2028 average at around 1.3%. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is also approximately 1.3% annually.
Future trends to watch for include:
- Technological advancements that could reduce natural gas needs.
- Increasing efficiency in metal production processes.
- Changes in energy policies impacting consumption.
- Potential shifts towards alternative energy sources as part of sustainability initiatives.