The forecast for gas oil and diesel oil (excluding biofuel) consumption in the machinery sector in France indicates a steady decline from 2024 to 2028. In 2023, the final consumption was recorded at 1.38 thousand terajoules. The consumption is expected to decrease by 5.3% from 2024 to 2025 and by 4.8% from 2025 to 2026. The downward trend continues with a 5.9% drop from 2026 to 2027 and a 5.4% fall from 2027 to 2028. This results in a compound annual growth rate (CAGR) of -5.3% across the forecast period of 2024 to 2028.
Future trends to watch include the impact of technological advancements and regulatory changes favoring renewable energy sources, which could drive further decreases in fossil fuel consumption. Additionally, economic shifts and policy developments related to the EU’s climate goals might accelerate the reduction rate in gas oil and diesel oil usage within the machinery sector.
