Forecast: Liquefied Petroleum Gases Refinery Output in France

Between 2013 and 2023, the liquefied petroleum gases (LPG) refinery output in France displayed notable fluctuations. The output went from 1.63 MTOE in 2013 to a peak of 1.78 MTOE in 2017, then declined significantly to 0.97315 MTOE in 2020 before beginning to recover. By 2023, the output slightly increased to 1.39 MTOE. When examining year-on-year variations, there was a range from -34.73% in 2020 to +18.91% in 2022. The compound annual growth rate (CAGR) over the last five years (2019-2023) was -2.37%, indicating an overall decline yet a rebound post-2020 levels.

Looking forward, forecast data from 2024 to 2028 predicts a gradual decline in output, with a CAGR of -3.75% and an overall decrease of 17.38% by 2028. Developments in the energy transition, environmental regulations, and alternative energy sources are key trends to monitor for future impacts on LPG output in France.

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