The forecasted electricity consumption in the non-ferrous metal sector in Germany shows a consistent decline from 51.8 thousand terajoules in 2024 to 49.13 thousand terajoules by 2028. This represents a year-on-year decrease of approximately 1.3% from 2024 to 2025, maintained at around 1.34% annually over the subsequent years. With the CAGR for this period approximated at -1.3%, this marks a steady downtrending pattern initiated from anticipated reductions in 2023 volumes.
Future trends to watch for include:
- Advancements in energy efficiency measures within the industry.
- Shifts towards more sustainable materials that could influence consumption patterns.
- Regulatory changes aimed at reducing carbon footprints which might accelerate reductions post-2028.
- The potential impact of economic fluctuations and technological innovations on long-term demand dynamics.