In 2023, biofuel consumption in France stood at 153.45 petajoules. Over the next five years, forecasted data shows a consistent growth in biofuel consumption from 2024 to 2028. Specifically, the year-on-year variations are 2.66% from 2024 to 2025, 2.55% from 2025 to 2026, 2.48% from 2026 to 2027, and 2.41% from 2027 to 2028. The compound annual growth rate (CAGR) for biofuel consumption from 2024 to 2028 is approximately 2.52%, indicating a steady increase in biofuel utilization over this period.
Future trends to watch for include technological advances in biofuel production efficiency, potential regulatory changes favoring renewable energy, and shifts in consumer preferences towards sustainable energy sources. Monitoring these factors could provide insights into further potential growth or market adjustments.