The forecast for fuel oil energy supply in France indicates a negative growth trend, with a consistent year-on-year decline from 2024 to 2028. Starting at -2,560,000 tonnes of oil equivalent in 2024, the supply is projected to slightly decrease further each year, reaching -2,580,000 tonnes by 2028. This suggests a stable but declining supply landscape, as reflected by a minor year-on-year percentage decrease of approximately 0.4% annually. The CAGR over this period reveals an average annual decrease of approximately 0.2%.
Future trends to watch include:
- Potential shifts in government policy towards renewable energy could accelerate the decline in fuel oil supply.
- Technological advancements in energy alternatives may further reduce reliance on fuel oil.
- Global economic factors or geopolitical events might influence supply chain dynamics affecting fuel oil availability.