In 2023, the final consumption of electricity by the chemical and petrochemical sector in France stood at a certain baseline level, prior to the forecast period. The forecast data indicates a gradual decline from 18.31 thousand gigawatthours in 2024 to 17.42 thousand gigawatthours by 2028. This implies a downward year-on-year trend, with electricity consumption decreasing by approximately 1-1.5% annually over this period. The combined average decline rate translates to a negative Compound Annual Growth Rate (CAGR) over these years.
Future trends to watch for in this sector include advancements in energy efficiency technologies and shifts towards sustainable practices, which may further reduce electricity consumption. Additionally, policy changes or market dynamics in the energy and raw materials sectors could also impact future consumption patterns.
