In 2023, France's wood fuel trade balance was negative, indicating higher imports than exports. From 2024 to 2028, the negative trade balance is forecasted to gradually improve, decreasing from -6720 Metric Tons in 2024 to -5500 Metric Tons in 2028. This reflects a trend where import reliance is reducing year-on-year, with a notable improvement trajectory visible. The CAGR over this period demonstrates a consistent effort to stabilize the wood fuel supply chain domestically.
Future trends to watch include:
- Increased investment in renewable energy and domestic wood production, potentially boosting local industry capabilities.
- Policy changes impacting trade dynamics, focusing on energy self-sufficiency.
- Technological innovations in wood fuel processing and utilization, contributing to enhanced efficiencies and reduced imports.