The crude oil pipeline freight national vessel traffic in Germany showed fluctuating trends over the past decade. Starting from a value of 4.43 billion tonne-kilometers in 2013, the traffic saw several ups and downs, peaking at 4.68 billion tonne-kilometers in 2019. Significant drops were observed in 2018 and 2020, with values at 3.9 and 3.87 billion tonne-kilometers respectively. The latest actual data for 2023 recorded a value of 4.29 billion tonne-kilometers, displaying a slight increase of 3.47% year-on-year. The average compound annual growth rate (CAGR) over the past five years stood at 1.96%.
Future forecasts predict a relatively stable trend with a slight decline, as indicated by the forecasted 5-year CAGR of -0.09%. By 2028, the traffic is expected to settle around 4.27 billion tonne-kilometers.
Trends to watch for in the future include:
- The impact of new environmental regulations on pipeline freight traffic.
- Shifts in crude oil supply and demand dynamics in Europe.
- The adaptation of alternative energy sources which may influence crude oil transportation needs.
