Forecast: Calculated Inland Consumption of Blast Furnace Gas in Germany

In 2023, the calculated inland consumption of blast furnace gas in Germany was observed at 138.5 thousand terajoules. From 2024 onward, forecasts suggest a steady decline in consumption, with a decrease of approximately 0.91% year-on-year, peaking at 137.22 in 2024 and tapering to 132.29 by 2028. This represents a compound annual growth rate (CAGR) of about -1.10% over the five-year period. This downward trend highlights a gradual reduction in the reliance on blast furnace gas, potentially indicating shifts towards alternative energy sources or efficiency improvements.

Future trends to watch for:

  • Potential shifts in industrial energy policies favoring greener alternatives.
  • Technological advancements improving energy efficiency in steel production.
  • Economic factors influencing the steel industry's output and energy consumption patterns.

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