The closing stock of high sulphur fuel oil in France is projected to decline from 287.0 thousand metric tons in 2024 to 186.0 in 2028, reflecting a consistent downward trend. Compared to the 2023 level of approximately 290.0 thousand metric tons, this represents a substantial decrease year-on-year. Specifically, there is a projected annual decline of around 8.1% between 2024 and 2028. Over the past two years and considering the forecast horizon ending in 2028, the compound annual growth rate (CAGR) is negative, indicative of a steady reduction in high sulphur fuel oil stocks.

Future trends to watch for:

Potential policy shifts towards greener energy and stricter environmental regulations could further accelerate the decline.
Technological advancements in alternative energy sources that impact demand for high sulphur fuel oil.
Changes in global trade dynamics affecting the supply chain for fuel oil.