In 2023, the refinery output for kerosene-type jet fuel in France stood at an unspecified value. From 2024 onwards, there is a consistent year-on-year decrease in projected output. The values decline at a decreasing rate over this period: 1.76% from 2024 to 2025, 1.81% from 2025 to 2026, 1.80% from 2026 to 2027, and 1.81% from 2027 to 2028. Over this forecast period, the compound annual growth rate (CAGR) is negative, reflecting a persistent downward trend due to potential factors such as energy transition and increased adoption of sustainable aviation fuels.
Future trends to watch include:
- Adoption rates of biofuels and alternative energy sources in aviation, which might further impact conventional jet fuel demand.
- Regulatory changes and government policies that support greener fuel options or that directly aim to reduce carbon emissions in aviation.
- Technological advancements in both refinery operations and aircraft efficiency which could either curb or slightly heighten demand for conventional jet fuels.