In 2023, the consumption of liquefied petroleum gases in the transport equipment sector in France stood at approximately 18.00 thousand tonnes of oil equivalent. Forecasted data suggests a steady upward trend, with a projected growth of 2.09% from 2024 to 2025, 1.99% from 2025 to 2026, 1.95% from 2026 to 2027, and 1.81% from 2027 to 2028. The compound annual growth rate (CAGR) across the forecast period from 2024 to 2028 is approximately 2.00%.
Future trends to watch for:
- Integration of more sustainable energy sources in transport equipment could impact LPG demand.
- Advancements in technology may lead to more efficient use of LPG, potentially affecting consumption levels.
- Policy changes aimed at reducing carbon emissions may encourage or restrict LPG consumption in the future.