In 2024, the petroleum coke imports to Germany are projected to be 5.39 Thousand Gigawatthours, declining at a consistent year-on-year rate through 2028, reaching 4.84 Thousand Gigawatthours by then. Comparing with the actual data from 2023, which stood higher, this suggests a gradual decrease over the forecasted period with an observable negative trend. The compound annual growth rate (CAGR) over these five years indicates a steady reduction.
Future trends to watch for include:
- Potential shifts in global energy markets impacting petroleum coke demand.
- Germany's ongoing transition towards renewable energy sources, potentially reducing reliance on fossil fuels.
- Regulatory changes affecting imports and trade policies in the EU context.