Key Market Indicators
By 2026, French biofuel production is expected to reach 53 thousand barrels of oil equivalent per day, a 1.5% yearly increase over 2021's figure of 48 thousand barrels. This steady rise in production has been observed since 1997, when it saw a 1.2% year-on-year growth. Meanwhile, French biofuel demand is projected to reach 63 thousand barrels of oil equivalent per day by 2026, a rise of 1.9% compared to 2021's figure of 56 thousand barrels. This slight year-on-year growth has been seen since 1997, when it registered a 1.2% rise.