The final consumption of Liquefied Petroleum Gases (LPG) in the transport equipment sector in France has shown a clear upward trend. In 2023, the consumption stood at 750 terajoules. Looking forward from 2024, the forecasted values show a consistent year-on-year increase. Specifically, there is an increase from 2024 to 2025 of 2.2%, from 2025 to 2026 of 2.1%, from 2026 to 2027 of 2.1%, and from 2027 to 2028 of 2.0%. The Compound Annual Growth Rate (CAGR) over the next five years is 2.1%.
Future trends to watch for include advancements in transport technology, shifts in energy policies favoring greener alternatives, and potential economic fluctuations that could impact LPG demand. Observing these trends can provide insights into potential accelerations or decelerations in LPG consumption in the transport equipment sector.