In Germany, the forecast for lubricants gross available energy shows a declining trend from 2024 to 2028, with values in Terajoules consistently decreasing. This indicates a further contraction in energy availability from lubricants, as reflected by the negative percentages in year-on-year variations. By comparing it to the 2023 standing, it can be observed that the decreasing trend continues into the forecast period.
- The year-on-year decrease from 2024 to 2025 is 9.31%.
- A further decrease of 8.38% is observed from 2025 to 2026.
- The decline carries on with 7.8% from 2026 to 2027.
- Ending with an 8.08% decrease from 2027 to 2028.
- The Compound Annual Growth Rate (CAGR) over the five-year period averages at -8.39%.
Future trends to watch for include advancements in lubricant technology that improve efficiency and sustainability, the impact of renewable energy sources reducing dependency on traditional lubricants, and regulatory changes potentially affecting lubricant production and usage. These factors could either exacerbate or mitigate the forecasted declining trend.
