In 2023, Germany's pure biodiesel imports stood at approximately 1.32 Million Tonnes of Oil Equivalent. From 2024 to 2028, a steady increase is expected, with values reaching 1.52 by 2028. The year-on-year growth is anticipated to be modest yet consistent, at around 2.94% annually on average for the forecast period. Given the pace, the compound annual growth rate (CAGR) over the five years will likely mirror this pattern, reflecting both an increase in demand and adaptation within the market.
Future trends to watch include the impact of Germany's renewable energy policies on imports and biodiesel competitiveness compared to alternative fuels. Additionally, global economic factors and biotechnology advancements could significantly influence import levels and sustainability strategies.
