In 2024, France's liquefied petroleum gases transformation output is forecasted to reach 59.77 thousand terajoules. Comparing year-on-year, there's a notable decline: 5.25% in 2025, 5.52% in 2026, 5.75% in 2027, and 6.06% in 2028. This consistent downward trend results in a compound annual growth rate (CAGR) of -2.95% from 2024 to 2028, illustrating the industry's contraction. In 2023, the output stood at a higher level, indicating a shift towards declining transformation capabilities or demand.
Future trends to watch for include potential policy changes affecting energy production, technological advancements in LPG transformation, and shifts in consumer demand for cleaner energy alternatives, which could significantly impact future forecasts beyond 2028.
