The forecasted motor gasoline refinery output in France, excluding biofuel, indicates a consistent decline from 359.77 thousand terajoules in 2024 to 292.44 thousand terajoules in 2028. With the output in 2023 being 376.89 thousand terajoules (based on historical data), the year-on-year reduction is notable at approximately 4.5% from 2024 onwards. Over the five-year forecast period, the compound annual growth rate (CAGR) is expected to be approximately -4.0%, reflecting a significant downward trend.
Future trends to watch for:
- The growing emphasis on renewable fuels and its impact on reducing traditional gasoline output.
- Potential policy changes in France and Europe aimed at reducing carbon emissions.
- Technological advancements in refinery processes and potential shifts in the energy mix.
- Economic factors and consumer behavior influencing demand for gasoline.