The forecast for natural gas final consumption in France's industry sector shows a gradual decline from 2024 to 2028, with a slight annual decrease in consumption. In 2023, natural gas consumption stood at 117.3 Thousand Gigawatthours. The year-on-year decline starts with a 1.11% drop between 2024 and 2025 and averages around 1.15% annually over the five-year period, resulting in a Compound Annual Growth Rate (CAGR) of -1.17% from 2024 to 2028.
Future trends to watch for include:
- Increased policy focus on renewable energy sources, potentially reducing natural gas dependency.
- Technological advancements in energy efficiency, impacting consumption patterns.
- Market dynamics influenced by geopolitical factors affecting gas supply stability and pricing.