As of 2023, the final consumption of renewables and biofuels in France's wood and wood products sector stood at approximately 3.56 thousand gigawatthours. The forecast for 2024 marks a subtle decline to 3.46, followed by a consistent year-on-year decrease through to 2028, culminating in a value of 3.08. This represents a contraction in demand, with the sector witnessing a compound annual growth rate of approximately -2.8% over this five-year period.
Future trends to watch for in this sector include emerging innovations in biofuel production technologies that may reverse the downward consumption trend. Additionally, regulatory changes and incentives towards renewable energy use could potentially influence future demand. Key factors impacting this outlook will include technological advancements and economic policies aligned with France's sustainability goals.
