In 2023, the consumption of primary solid biofuels in the industry in France stood at 1.29 Million Tonnes of Oil Equivalent. The year-on-year variation for 2023 showed a slight decline of 0.4%. Analyzing the past two years, from 2022 to 2023, there has been negligible movement as the values remain relatively stable. Over the last five years, the average annual variation (CAGR) was -0.98%, indicating a slight overall decline.
Looking ahead, from 2024 to 2028, the forecast suggests a modest downward trend with a five-year CAGR of -0.32%, leading to an average annual growth rate of -1.59%. This indicates a continuing but slight decline in the consumption of primary solid biofuels in the industry.
Future trends to watch for include potential shifts in energy policy, technological advancements in biofuel production, and changes in industrial demand that could influence biofuel consumption. Additionally, broader economic conditions and environmental regulations will play crucial roles in shaping the trends in the coming years.