In 2023, France's chemical and petrochemical sector consumed lignite that stood relative to upcoming forecasted data for 2024 through 2028. Year-on-year consumption is predicted to decline slightly from 2024, with annual reductions of about 0.8% on average over this period, suggesting a continuous but gradual decrease in usage. Notably, the compound annual growth rate (CAGR) for the future five-year period highlights a steady reduction, indicating a consistent trend towards lesser reliance on lignite.
Future trends to watch for include potential shifts in energy policies towards cleaner and renewable sources, which could accelerate the decline. Monitoring technological advancements aimed at improving energy efficiency in this sector will also be critical.
