In 2023, Liquefied Petroleum Gases (LPG) gross heat production in Germany stood at a notable level, providing a benchmark for projected growth. From 2024 to 2028, the forecast indicates a gradual increase in LPG gross heat production from 34 Terajoules to 36 Terajoules.
The year-on-year growth remains modest, approximately 2.94% from 2024 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year forecast period stands at roughly 1.44%, highlighting a consistent yet modest growth trend.
Future trends to watch for include the impact of Germany's renewable energy policies and technological developments on LPG demand. A shift towards greener alternatives may influence LPG consumption patterns.
