Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Imports to France

In 2023, the imports of gas oil and diesel oil to France, excluding the biofuel portion, were roughly quantified at 26.00 million tonnes of oil equivalent. From 2024 to 2028, the data indicates a consistent year-on-year growth. The forecast for 2024 is set at 26.07, followed by incremental increases each year, culminating in 27.29 by 2028. The annual percentage growth ranges between 1.18% and 1.34% over these years. Overall, the compound annual growth rate (CAGR) from 2023 to 2028 stands at approximately 1.19%.

Future trends to watch for:

  • Increasing emphasis on renewable energy sources could alter import dependencies.
  • The impact of geopolitical factors on supply chains and pricing.
  • Technological advancements in fuel efficiency and alternative fuels potentially reducing incremental growth rates.

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