Forecast: Natural Gas Final Consumption in Iron and Steel Sectors in France

The forecast for natural gas final consumption in the iron and steel sectors in France indicates a steady increase from 2024 to 2028. With consumption beginning at 24.56 thousand terajoules in 2024, this marks a continuous upward trend, reaching 26.03 thousand terajoules by 2028. In 2023, the consumption was recorded prior to increase, setting the baseline for subsequent forecasted growth.

Over the five-year forecast period, the compound annual growth rate (CAGR) suggests a modest yet consistent increase, reflecting gradual changes in industrial energy efficiency and potential shifts towards renewable energy sources.

  • Future trends to observe include the impact of regulatory changes aimed at reducing carbon emissions, technological advancements in energy efficiency, and the volatility of natural gas prices that may affect overall consumption patterns.

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