Key Market Indicators
Germany's energy consumption is projected to drop by 0.6% each year, on average, to reach 12.4 exajoules by 2026. Since 1970, the country's demand for energy has decreased by an average of 1.8% annually. In 2021, Germany ranked seventh, with 12.6 exajoules, while Canada topped the list with 12.6 exajoules. The United States, India, and Russia ranked second, third, and fourth, respectively. The country's energy supply is also expected to decline by 1.3% annually, on average, to reach 252.5 million tonnes of oil equivalent by 2026. Since 1965, Germany's energy supply has declined by an average of 3.1% per year. In 2021, the country ranked tenth, with 264.8 million tonnes of oil equivalent, while Iran was the leader with 264.8 million tonnes of oil equivalent. The United States, India, and Russia ranked second, third, and fourth, respectively.