Forecast: Import of Biofuels (Diesel Substitute) to France

The forecast for the import of biofuels, specifically a diesel substitute, to France indicates a consistent upward trend. In 2023, the volume of imports stood at around 1.53 billion kilograms. From 2024 to 2028, forecasted values show a steady increase from 1.623 to 2.0155 billion kilograms. Year-on-year percentages depict a growth of approximately 6.13% from 2024 to 2025 and 5.73% each subsequent year until 2028. The Compound Annual Growth Rate (CAGR) between 2024 and 2028 is expected to be about 5.52%, underscoring sustained growth in biofuel imports.

Future trends to watch for include the impact of EU regulations on renewable energy targets, potential advancements in biofuel technology, and changes in oil prices, all of which could influence the volume and value of biofuel imports to France.

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