In 2023, the consumption of kerosene-type jet fuel (excluding biofuel) in France stood at an estimated baseline value. From 2024 to 2028, forecasted consumption slightly increases from 2.16 to 2.21 million tonnes of oil equivalent. The year-on-year growth is minimal, averaging at approximately 0.46% annually. The Compound Annual Growth Rate (CAGR) over these years is consistent with a stable, albeit slow, upward trend.
Future trends to watch for include:
- Advancements in fuel efficiency technologies in aviation, potentially reducing future fuel demand.
- Policy changes impacting fossil fuel consumption, such as stricter regulations on emissions.
- The rising incorporation of sustainable aviation fuels, shifting away from conventional kerosene.
- Economic factors influencing air travel demand impacting fuel consumption dynamics.