The Primary Solid Biofuels imports to France have shown a dynamic growth trajectory from 2013 to 2023. Standing at 14.98 Thousand Terajoules in 2023, the annual variations fluctuated significantly, with notable peaks like in 2021, where imports increased by 45.19% year-on-year, and steady expansions resulting in a 9.37% increase in 2023. Over the past five years, a compound annual growth rate (CAGR) of 10.73% was recorded, indicating robust and consistent growth.
Forecasting into the future, the imports are expected to continue their upward trend, rising to 21.21 Thousand Terajoules by 2028 with an anticipated 5-year CAGR of 5.47%. The growth rate of 30.52% over this period suggests sustained, though moderated, growth compared to the past decade.
Future trends to watch for include increased policy support for renewable energy, technological advancements in biofuel production, and potential shifts in global energy markets that could impact import volumes and prices.
