The volume of oil pipeline transport in Germany stood at approximately 85.3 million metric tons in 2023, reflecting a minor decline of 0.29% year-on-year. Over the past five years, the compound annual growth rate (CAGR) indicates a moderate increase of 0.19%. Short-term variations show significant fluctuations, such as the sharp drops in 2018 and 2020, coupled with recoveries in the subsequent years.
- From 2013 to 2023, the sector experienced a more volatile performance with annual fluctuations.
- A notable dip occurred in 2020, followed by a recovery phase in 2021 and 2022.
- The transition to forecast data from 2024 onwards reflects a predicted slight decline, with a negative CAGR of -0.23% over the next five years.
Future trends to watch for include the impact of energy transition policies on fossil fuel use, potential technological advancements in pipeline efficiency, and geopolitical factors affecting supply chains. As environmental regulations tighten, the market may shift, influencing overall pipeline transport volumes.