Between 2013 and 2023, the final consumption of anthracite in the chemical and petrochemical sector in France showed a notable declining trend, with significant year-on-year variations. The highest consumption was recorded in 2013, while the lowest was in 2020. From 2014 to 2023, the sector experienced a shrinking trend, evident by several years of negative year-on-year variances, interrupted by sporadic recoveries such as in 2018 and 2022. By 2023, consumption stood at 81.04 thousand metric tons. However, the last two years' year-on-year variation showed positive growth rates of 33% and 13.77%, respectively. The five-year CAGR leading up to 2023 was -2.52%, indicating an overall decline.
Looking forward, from 2024 onward, the forecast data suggests a steady but modest increase in anthracite consumption, with the compound annual growth rate (CAGR) for the next five years projected at 1.96%. This forecasted growth translates to a total increase of 10.17% by 2028, potentially pointing towards stabilizing or slightly increasing demand in the sector.
Future trends to watch for include:
- Impact of environmental regulations on fossil fuel consumption.
- Adoption of alternative energy sources and their effect on anthracite demand.
- Technological advancements in the chemical and petrochemical sectors.