The forecasted data for Liquefied Petroleum Gases (LPG) available for final consumption in France show a steady decline from 2024 to 2028. In 2023, the availability stood at 158.06 thousand terajoules; this implies a year-on-year decrease of approximately 0.58% from 2023 to 2024. The following years show consistent annual reductions of about 0.58% to 0.61%, resulting in a compound annual growth rate (CAGR) of -0.58% over the five-year period from 2024 to 2028.
Future trends to watch for include:
• The impact of energy transition policies in France, potentially accelerating the decline in LPG consumption.
• Technological advancements that may either reduce the need for LPG or improve its efficiency.
• Changes in consumer behavior towards more sustainable energy sources.
• Economic factors that could influence energy demand, such as fluctuations in industrial activity or changes in energy prices.