The data shows the production volumes of road and pipeline transport in France, which stood at 97.52 Billion Euros in 2023. The series displays a general upward trend over the years, with significant dips observed in 2020 due to the COVID-19 pandemic, which resulted in a -16.85% year-on-year decline. However, recovery was swift, with a notable 15.6% increase in 2021. Over the last two years, there was a 6.28% rise in 2022 followed by a modest 0.94% increase in 2023. The five-year average Compound Annual Growth Rate (CAGR) from 2019 to 2023 was 1.27%.
Looking forward, forecast data from 2024 to 2028 predicts a continued growth trajectory for production volumes, with a forecasted 0.76% CAGR over the next five years leading to an estimated value of 101.99 Billion Euros by 2028. The anticipated five-year growth rate stands at 3.88%, indicating a steady but moderate increase in the sector.
Future trends to watch for include technological advancements in transport infrastructure, the impact of environmental regulations, and the adoption of sustainable and renewable energy sources in pipeline transport. Additionally, economic and geopolitical factors could influence production volumes and sector growth.
