From 2024 to 2028, the non-metallic minerals sector in France is projected to see a consistent decline in the final consumption of solid fossil fuels. The data forecasts a year-on-year decrease, with consumption expected to fall from 353.73 thousand metric tons in 2024 to 310.41 thousand metric tons in 2028. This results in an average compounding annual growth rate (CAGR) of -3.21% over the five-year period. In 2023, consumption stood at approximately 365.0 thousand metric tons, marking the beginning of this continuous downward trend.
Future trends to watch for:
- Increasing regulatory pressures and environmental policies are likely to accelerate the decline.
- Shifts towards renewable energy sources may further reduce solid fossil fuel consumption.
- Technological innovations in the production process could alter fuel dependency.
- Potential economic growth could influence energy demand dynamics in this sector.
