The forecasted gross inland consumption of gas oil and diesel oil (excluding biofuel) in Germany from 2024 to 2028 shows a slight upward trend. Starting at 11.46 million tonnes of oil equivalent in 2024, it is projected to increase incrementally to 11.59 million tonnes by 2028. This represents minimal year-on-year growth, reflecting stability or marginal increase in demand.
In comparison to the 2023 figures, there is consistency in the consumption levels, indicating no drastic shifts. The year-on-year percentage change through the forecast period ranges from 0.26% to 0.26%. The compound annual growth rate (CAGR) over the five-year period is approximately 0.26%.
Future trends to watch include:
- Impact of environmental policies on fossil fuel consumption.
- The growth trend of alternative energy sources in the transportation sector.
- Economic factors influencing industrial and consumer demand for diesel.
