The forecast for liquefied petroleum gases (LPG) gross available energy in Germany shows a steady increase from 1.24 million tonnes of oil equivalent in 2024 to 1.29 million in 2028. Assuming a starting value below these figures in 2023, this represents a positive outlook with modest incremental growth.
- Year-on-year growth is expected to range between 0.79% to 1.59% annually from 2024 to 2028.
- The compound annual growth rate (CAGR) over this forecast period stands at roughly 1%.
Future trends to watch include potential shifts in energy policy within Germany and Europe that could expedite or impede renewable integration, influencing LPG demand. Technological advancements in energy storage and efficiency could also impact future forecasts. Additionally, global supply chain fluctuations related to geopolitical factors may alter LPG availability and consumption patterns.