In 2023, the final consumption of solid fossil fuels in Germany's non-ferrous metals sector was recorded at around 48 thousand metric tons. Forecasts for 2024-2028 suggest a gradual increase, marking a steady year-on-year growth. The consumption levels are expected to rise from 48.67 thousand metric tons in 2024 to 50.74 thousand metric tons by 2028. The sector is predicted to witness a compound annual growth rate (CAGR) that indicates a modest but steady increase in consumption.
Future trends to watch for:
- Shifts towards more sustainable and eco-friendly energy sources could impact the forecasted growth in fossil fuel consumption.
- Technological advancements in the non-ferrous metals sector aiming for energy efficiency might alter future consumption patterns.
- Policy changes at both national and EU levels regarding carbon emissions and energy utilization could significantly affect the sector dynamics.