In 2023, Germany imported around 916 thousand tonnes of oil equivalent in primary solid biofuels. The forecast for 2024 indicates a value of 923.39, with subsequent years showing a steady increase, reaching 952.22 by 2028. The projected year-on-year growth rate for 2024 is modest, at about 0.8%, with similar incremental increases expected annually, reflecting stability in biofuel imports.
Key trends to watch for include:
- Consistent annual growth in biofuel imports, around the 0.8-0.9% range.
- Potential impacts from policy changes in energy or environmental legislation.
- Advancements in technology that might affect biofuel production or efficiency.
- Market demand variations driven by global energy trends or economic shifts.
