The forecast for Liquefied Petroleum Gases (LPG) gross available energy in France shows a consistent increase from 2024 to 2028. Starting at 2.76 million tonnes of oil equivalent in 2024, it rises gradually to 2.99 million tonnes by 2028. Compared to 2023, where the value stood at 2.70 million tonnes, this indicates a steady year-on-year growth, with similar increments of approximately 2% annually. The compound annual growth rate (CAGR) over the five-year period is also in line with this trend, affirming a positive outlook for LPG availability in the country.
Future trends to watch for:
- Potential shifts in energy policies impacting LPG demand and supply.
- Advancements in technology that could affect LPG production efficiency.
- Market dynamics and geopolitical factors influencing global LPG trade.
- Environmental regulations gradually steering preferences towards renewable energy sources, potentially impacting LPG usage.