Forecast: Liquefied Petroleum Gases Energy Supply in Germany

The supply of liquefied petroleum gases (LPG) in Germany has shown significant variability over the past decade. After an initial decline from 2013 to 2014, the market has generally trended upwards, with notable rises in 2017 and 2018. As of 2023, the supply stood at 51.12 thousand terajoules. Over the past two years, year-on-year variations showed relatively modest increases of 0.047% in 2022 and 0.44% in 2023. The latest five-year compound annual growth rate (CAGR) stood at 0.34%, indicating a steady but slow growth trajectory moving forward.

Looking to the future, watch for:

  • Impact of increasing environmental regulations on LPG production and consumption.
  • Technological advancements in the energy sector, potentially driving efficiencies in LPG sourcing and usage.
  • Market shifts towards alternative energy sources, potentially affecting LPG demand.

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