Forecast: Volume of Crude Oil Pipeline Transport in Germany

The volume of crude oil pipeline transport in Germany stood at 17.9 billion tonne-kilometers in 2023. Over the years, the sector has seen various fluctuations. From 2013 to 2023, the volume fluctuated with year-on-year variations ranging from -16.73% in 2020 to a 14.81% increase in 2021. The Compound Annual Growth Rate (CAGR) over the last five years has been modest at 0.76%. Forecasts predict slight annual average growth into 2028, leading to a projected volume of 18.12 billion tonne-kilometers, reflecting a 1.28% increase over five years with a forecasted CAGR from 2024 to 2028 of 0.26%.

Future trends to watch for in the crude oil pipeline transport sector include technological advancements in pipeline infrastructure, potential regulatory changes, and the impact of alternative energy sources on crude oil demand. Additionally, geopolitical factors and global crude oil price fluctuations will likely influence the sector's growth trajectory.

Top Countries about Oil Pipeline