Forecast: Fuel Oil Imports to Germany

The fuel oil imports to Germany are forecasted to decrease from 17.74 thousand gigawatt-hours in 2024 to 13.8 thousand gigawatt-hours in 2028. This downward trend implies a continuous year-on-year reduction in imports by significant percentages. Currently, in 2023, the volume was higher. Over the forecast period, the imports show a compounded annual growth rate decline, reflecting Germany's aim to reduce dependency on fuel oil.

Future trends to watch for include Germany's energy transition policies, impacts of renewable energy integration, and potential geopolitical influences on fuel supply routes and prices.

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