In 2023, the closing stock of bitumen in France was 83.0 Thousand Metric Tons. The forecasted data from 2024 to 2028 show a steady decline from 80.5 Thousand Metric Tons to 72.7 Thousand Metric Tons. The year-on-year variations reflect a consistent decrease of approximately 2.95% from 2024 to 2025, 2.64% from 2025 to 2026, 2.36% from 2026 to 2027, and 2.11% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is around -2.51%.
Future trends to watch for in the bitumen market include:
- Infrastructure projects and their impact on bitumen demand.
- Technological advancements in road construction and maintenance.
- Environmental regulations affecting bitumen production and usage.
- Global crude oil price fluctuations influencing bitumen costs.
