The forecast for liquefied petroleum gas (LPG) closing stock in France shows a steady annual decline from 2024 to 2028. Starting at 38.39 thousand metric tons in 2024, the stock decreases to 27.42 thousand metric tons by 2028. This represents an average compound annual growth rate (CAGR) of -8.4% over these five years. In 2023, the LPG closing stock figure was significantly higher, indicating a trends of declining reserves.
Future trends to watch for include:
- Potential shifts in France's energy policy and its impact on LPG reserves.
- Technological advancements in alternative energy sources reducing dependency on LPG.
- Global economic factors influencing import and storage capacities for LPG in France.
