In 2023, France's production volumes for coke and refined petroleum products were valued at 26.66 billion Euros. From 2024, a downward trend is projected, with values decreasing year-on-year by approximately 3.6% in 2024, 3.6% in 2025, 3.8% in 2026, 3.7% in 2027, and 3.7% in 2028. This yields a compound annual growth rate of approximately -3.7% over the five-year forecast period.
Future trends to watch for:
- Advancements in alternative energy sources that may suppress traditional fuel demands.
- Potential regulatory changes in the EU aimed at reducing carbon emissions could impact production levels.
- Technological advancements in refining processes that may influence production efficiency and costs.