The forecast for Germany's blended biodiesel imports displays a steady upward trajectory from 2024 to 2028, initiating at 179.08 thousand tonnes of oil equivalent and climbing to 222.91 thousand tonnes of oil equivalent by 2028. Compared to 2023, where actual data stood at a slightly lower figure, the year-on-year growth signifies positive momentum. Specifically, a consistent annual growth rate in the range of 6% is observed over this forecast period. The cumulative average growth rate (CAGR) over these five years showcases a solid uplift in imported volumes.
Future trends to monitor include the impact of EU energy policies favoring sustainable fuels, technological advancements in biodiesel production, and any economic shifts that could affect oil markets. Additionally, heightened emphasis on reducing carbon footprints may further drive demand for biodiesel imports. Stakeholders should also watch potential supply chain disruptions that may alter forecasted import volumes.
