The forecasted Liquefied Petroleum Gases (LPG) transformation output in France from 2024 to 2028 demonstrates a steady decline. In 2023, the actual output stood at 1.49 million tonnes of oil equivalent. From 2024 onwards, there is a year-on-year decrease, with a decline rate ranging from around 4.9% to 6.1% annually. Over this five-year forecast period, the compound annual growth rate (CAGR) is anticipated to be approximately -5.5%, indicating a consistent downward trajectory in LPG output.
Future trends to watch include advancements in renewable energy adoption and increased emphasis on energy efficiency, potentially further impacting LPG demand in France. Monitoring policy changes and technological innovations will be crucial for understanding evolving market dynamics.
