The refinery gas final consumption in the chemical and petrochemical sectors in Germany has shown significant fluctuations over the past decade, peaking in 2016 and then declining sharply in subsequent years. The year-on-year variation for 2023 stood at 6.12%, with the value reaching 325.33 Thousand Tonnes of Oil Equivalent. Over the last five years, the compound annual growth rate (CAGR) has been 3.84%, indicating a moderate upward trend. Forecasts suggest a consistent growth with a CAGR of 2.2% from 2023 to 2028, projecting a consumption of 373.72 Thousand Tonnes of Oil Equivalent by 2028.
Future trends to watch for include advancements in refining technologies, shifts in demand for petrochemical products, and environmental regulations. These factors are likely to influence the consumption patterns, potentially driving greater efficiency and sustainability in the sector.