In 2023, France's crude oil gross inland consumption was estimated at 46.74 million tonnes of oil equivalent. Beginning in 2024, projections indicate a consistent year-on-year decline. By 2028, consumption is forecasted to decrease progressively to 36.79 million tonnes. Analyzing the period from 2024 to 2028, we observe an average annual decline in consumption, underpinned by a compound annual growth rate (CAGR) of approximately -4.7%.
Future trends to watch for include advancements in renewable energy adoption, improvements in energy efficiency, and policy shifts aimed at reducing carbon footprints, all of which could further influence the downward trajectory of crude oil demand in France.
