As of 2023, France imported approximately 1.103 billion kilograms of petroleum bitumen. Forecast data indicates a steady annual increase, with volumes expected to grow from 1.116 billion kg in 2024 to 1.1767 billion kg by 2028. The year-on-year growth rates suggest a robust demand, with notable increases between 1.40% and 1.52% annually. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be around 1.39%, reflecting a stable upward trend in imports over this period.
Future trends to watch for include:
- The impact of environmental regulations on petroleum bitumen demand.
- Technological advancements in alternative materials.
- Infrastructure development initiatives in France and the wider European region.
- Potential geopolitical influences affecting global petroleum supply chains.
