Forecast: Natural Gas Final Consumption in Industry in France

The forecast for natural gas final consumption in the industry sector in France from 2024 to 2028 shows a steady decline. In 2023, consumption stood at approximately 422 thousand terajoules. The year-on-year decreases are anticipated: 1.11% from 2024 to 2025, 1.12% from 2025 to 2026, 1.12% from 2026 to 2027, and 1.12% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period suggests an average yearly reduction of 1.12%. This trend indicates a consistent decrease in industry reliance on natural gas.

Future trends to watch for include:

  • Potential shifts in energy policy that could accelerate the transition from natural gas to renewable energy sources.
  • Technological advancements in industry processes that may reduce energy consumption.
  • Evolving economic conditions and their impact on industrial output and energy needs.

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