Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Final Consumption in Iron and Steel Sectors in France

The final consumption of gas oil and diesel oil in the iron and steel sectors in France shows a consistent decline from 2024 to 2028. In 2023, the actual consumption stood at 12.1 thousand tonnes of oil equivalent. From this point, a year-on-year decrease trend is evident: 2024 sees a 4.8% reduction compared to 2023, followed by a 5% decrease in 2025, 5.3% in 2026, 5.5% in 2027, and finally a 5.8% decrease in 2028. The compound annual growth rate (CAGR) over these five years reflects a steady average annual decline.

Future trends to watch for include:

  • Potential increases in efficiency or shifts in energy sources due to environmental policies.
  • Technological advancements that might reduce diesel and gas oil consumption.
  • Impact of global market demands on production and energy needs in the iron and steel sectors.

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