The value added of refined petroleum products and coke in France was 2.50 billion euros in 2023. From 2024 to 2028, forecasts show a gradual increase in value, rising from 2.53 billion euros to 2.70 billion euros, representing a compound annual growth rate (CAGR) of approximately 1.65%. The year-on-year growth ranges from 1.58% to 1.90%, reflecting a steady but moderate upward trend.
Future trends to watch for include:
- Shifts in energy policies that focus on sustainability and reduced carbon emissions.
- Technological advancements in refining processes to increase efficiency.
- Potential impacts of global oil price fluctuations and geopolitical factors on production volumes and value.
- Economic recovery post-pandemic, influencing industrial activity and energy consumption.