In 2023, France’s bioenergy imports stood at approximately 2.6 million tonnes of oil equivalent. Forecasts suggest a steady increase between 2024 and 2028, starting at 2.82 million tonnes in 2024 and reaching 3.79 million tonnes by 2028. This represents a compound annual growth rate (CAGR) of 7.5%. Year-on-year increases are consistently around 8.5% in each subsequent year.
Future trends to watch for:
- The continued emphasis on renewable energy policies in France, contributing to sustained growth in bioenergy imports.
- Potential impacts of technological advancements in bioenergy production and transportation.
- Global economic factors or geopolitical developments that might influence energy trade dynamics.
- European Union regulations and initiatives supporting bioenergy and low-carbon energy solutions.