Forecast: Bioenergy Final Consumption in Construction in Germany

The bioenergy final consumption in the construction sector in Germany has experienced significant fluctuations from 2013 to 2023, increasing from 921.2 Terajoules in 2013 to 5120 Terajoules in 2023. This represents a considerable growth over this period with notable year-on-year variations, including substantial spikes in 2018 and 2020, followed by a moderate yet steady upward trend since then. In 2023, the bioenergy consumption stood at 5120 Terajoules, reflecting a 7.38% increase from the previous year.

During the forecast period from 2024 to 2028, the bioenergy consumption is expected to continue its growth, achieving a Compound Annual Growth Rate (CAGR) of 4.54% and an overall growth rate of 24.86% over the next five years from the 2023 value. This suggests a sustained interest and investment in bioenergy within the construction sector in Germany.

Future trends to watch for include technological advancements in bioenergy applications, policy shifts towards greener construction practices, and potential economic factors influencing energy consumption patterns in the sector.