Analysis of the final consumption of liquefied petroleum gases (LPG) by households in Germany indicates fluctuations across the years. Consumption levels decreased significantly between 2013 and 2015, witnessing a decrease of 17.08% in 2014 and 17.73% in 2015. The year 2016 saw a recovery with a 28.41% increase, followed by another notable reduction of 24.97% in 2017. There were fluctuations over subsequent years, with increases in 2018 (52.91%) and 2020 (10.59%), offset by decreases in 2019 (-9.04%) and 2021 (-9.22%). More recently, consumption has shown stability with smaller year-on-year changes: a 3.27% increase in 2022 and a modest 0.59% increase in 2023.
In 2023, the consumption stood at 820.84 thousand tonnes of oil equivalent. The compound annual growth rate (CAGR) over the last five years stands at 0.45%, indicating a relatively stable consumption pattern with minor growth projected. Looking ahead, forecasts for the next five years predict a steady increase in consumption, culminating in an anticipated 844.38 thousand tonnes by 2028, growing at a forecasted CAGR of 0.45%.
Future trends to watch for include potential factors like changes in energy policies, advancements in alternative energy sources, and fluctuations in energy prices that may impact LPG consumption. Monitoring these variables will be critical to anticipate shifts in consumption patterns.
