Forecast: Motor Gasoline (Excluding Biofuel Portion) Refinery Output in France

The forecast for France's motor gasoline refinery output (excluding biofuel) from 2024 to 2028 indicates a consistent year-on-year decline. In 2023, the production was higher than projected, indicating the beginning of a downward trend. The anticipated decreases year-over-year are about 4.75% from 2024 to 2025, and approximately 4.95% from 2025 to 2026. The compound average growth rate (CAGR) from 2024 to 2028 is forecasted to be approximately -4.96%, highlighting a persistent decline.

Future trends to watch for include:

  • Increasing influence of environmental regulations and policies that may further drive down fossil fuel reliance.
  • Shift towards alternative energy sources which could impact gasoline demand and refinery outputs.
  • Technological advancements in fuel efficiency and electric vehicle adoption potentially reducing gasoline dependency.

Top Countries about Gasoline