The historical data for primary solid biofuels available for final consumption in Germany from 2013 to 2023 shows fluctuations, with a general downward trend up to 2020, followed by a rebound. From 2013's peak consumption of 11.09 million tons of oil equivalent (Mtoe), there was a significant decline until 2014. Subsequent years saw minor fluctuations, with a notable peak again in 2021 at 10.74 Mtoe. In 2023, the consumption stood at 10.93 Mtoe, reflecting a recent upward trend.
Future trends indicate a continued increase in primary solid biofuels consumption, with forecast data from 2024 to 2028 showing a steady rise. The Compound Annual Growth Rate (CAGR) for the next five years is projected to be 1.37%, culminating in a 7.06% increase by 2028. The forecast suggests a consistent positive growth trajectory.
Trends to watch for:
- The impact of energy policies and regulations on biofuel consumption.
- Technological advancements in biofuel production and its efficiency.
- Changing energy demands and shifts towards renewable energy sources.