The forecast for Natural Gas Liquids transformation output in France shows a consistent downward trend from 2024 through 2028. Starting at 5.36 thousand terajoules in 2024, the output is expected to decline to 2.18 thousand terajoules by 2028. This reflects a significant year-on-year decrease, with the largest declines likely occurring in the latter years. With an average annual decrease reflected in the Compound Annual Growth Rate (CAGR), this pattern indicates a shrinking market, assuming variations remain consistent from prior years. As of 2023, the output was above 5.36 thousand terajoules, setting a context for this decline.
Future trends to watch for include potential shifts in energy policy, alternative energy adoption rates, and technological advancements in energy efficiency, which could further influence these declining figures. Additionally, external economic factors and geopolitical dynamics may also play significant roles in shaping the Natural Gas Liquids market in France.
