The availability of natural gas for final consumption in France has experienced fluctuations over the years, with a peak in 2013 at 1.4034 million terajoules and a gradual decline afterward. In 2023, the value stood at 1.1974 million terajoules, reflecting a year-on-year decrease of 0.6% and a 5-year CAGR of -1.03%. Notably, the recent two years have shown a significant drop in availability, with a -4.93% decrease in 2022 and -0.6% in 2023. Over the forecast period from 2024 to 2028, the decline is expected to continue, showing a 5-year CAGR of -0.47%.
Future trends to watch for include:
• The potential impact of policy shifts towards renewable energy sources and its effect on natural gas consumption.
• Technological advancements in energy efficiency that could alter demand patterns.
• Geopolitical events that may influence the natural gas supply chain and pricing.