The value-added forecast for coke and refined petroleum products in France indicates a decrease from 1.77 billion Euros in 2024 to 1.65 billion Euros by 2028. This represents a downward trend, with a year-on-year reduction of approximately 1.7% annually. The compound annual growth rate (CAGR) over this five-year period is about -1.71%.
Future trends to monitor include:
- The impact of evolving regulations to reduce carbon emissions, which could affect the production and demand for traditional petroleum products.
- The shift towards renewable energy and its potential influence on the conventional petroleum industry.
- Technological advancements in refining processes that may improve efficiency and alter the industry's economic landscape.
