The final consumption of primary solid biofuels in agriculture and forestry in France has demonstrated a steady upward trend over the past decade, reaching 162.42 Thousand Tonnes of Oil Equivalent in 2023. This consistent growth is evident from the year-on-year percentage changes, which hover around 2-3% in recent years. Notably, the compound annual growth rate (CAGR) was 2.74% from 2018 to 2023.
Variations over the last two years indicated a year-on-year increase of 2.17% in 2022 and 2.11% in 2023. The forecasted CAGR from 2024 to 2028 stands at 1.55%, with an estimated total growth rate of 7.97% by 2028.
Future trends to watch for include potential advancements in biofuel technologies, government policies encouraging sustainable energy, and increased adoption of biofuels in broader sectors beyond agriculture and forestry. Additionally, fluctuations in fossil fuel prices and environmental regulations may influence the growth trajectory of biofuels consumption.