Forecast: Liquefied Petroleum Gases Transformation Output in France

In 2023, the liquefied petroleum gases (LPG) transformation output in France stood at 16.6 thousand gigawatthours. Over the forecasted period from 2024 to 2028, the output is projected to decline steadily from 16.6 thousand gigawatthours to 13.16 thousand gigawatthours. The year-on-year percentage variations indicate a consistent annual decrease. Specifically, from 2024 to 2025, the output decreases by 5.24%, and further annual reductions follow: 5.53% from 2025 to 2026, 5.73% from 2026 to 2027, and 6.05% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period stands at -5.83%.

Future trends to watch for include potential advancements in renewable energy sources, increasing regulatory pressures to reduce carbon emissions, and the potential impact of technological innovations in LPG transformation efficiency. Monitoring these factors will be crucial in accurately forecasting LPG transformation outputs beyond 2028.

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