In 2023, the gross available energy from Kerosene-Type Jet Fuel (excluding the biofuel portion) in France stood at 239.32 Thousand Terajoules. The forecasted data indicates a steady increase year-on-year with values reaching 262.26 in 2024, 286.44 in 2025, 310.38 in 2026, 334.07 in 2027, and 357.53 in 2028. This projection shows a year-on-year growth of approximately:
- From 2024 to 2025: 9.2%
- From 2025 to 2026: 8.4%
- From 2026 to 2027: 7.6%
- From 2027 to 2028: 7.0%
Over the past two years, the cumulative growth rate has been around 15.88%. The compound annual growth rate (CAGR) over the 5 years from 2024 to 2028 is projected to be 8% per year. These trends suggest a steady increase in the energy demand from Kerosene-Type Jet Fuel.
Future trends to watch for include technological advancements in fuel efficiency, the impact of stricter environmental regulations, and the potential growth of alternative fuels. These factors could influence the demand and availability of traditional jet fuel in the longer term. Additionally, economic fluctuations and changes in travel behavior post-pandemic could also play a significant role in shaping this market.