In 2023, France's paraffin waxes gross available energy stood at 686.0 Terajoules. The forecast from 2024 to 2028 shows a steady increase in gross available energy, with values rising from 695.2 Terajoules in 2024 to 733.33 Terajoules in 2028. The year-on-year growth rates suggest a consistent upward trend, averaging around 1.33% annually, considering the Compound Annual Growth Rate.
Future trends to watch for include:
- Technological advancements in energy utilization and efficiency
- The potential impact of policy changes related to renewable energy and sustainability
- Fluctuations in global oil markets affecting paraffin use and availability
