In 2023, the iron and steel sector in France saw lignite consumption levels at approximately the baseline value. Forecast for the period from 2024 to 2028 shows a gradual increase in lignite consumption, starting at 59 metric tons in 2024, incrementally rising to 66 metric tons by 2028. Year-on-year growth is at approximately 3.39% from 2024 to 2025, gradually decreasing to a 1.56% increase from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 stands at a stable 2.29%.
Future trends to watch for include:
- Impact of France's energy transition policy potentially shifting away from lignite.
- Technological advancements in the iron and steel sector that may alter lignite consumption patterns.
- Possible regulatory changes affecting the use and import of lignite in France.