Forecast: Renewables and Biofuels Final Consumption in Wood and Wood Products Sector in France

As we analyze the forecast for renewables and biofuels' final consumption in the wood and wood products sector in France from 2024 to 2028, there is a steady increase in consumption. In 2023, the recorded consumption was estimated at 13.89 thousand terajoules. The data indicates an annual growth rate, with a year-on-year percentage increase of approximately 1.21% to 1.25%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be around 1.26%.

Future trends to watch for include:

  • Technological advancements in renewable energy capturing and storage.
  • Potential policy changes and government incentives promoting renewable energy within the wood sector.
  • The impact of global energy market developments on local renewable energy initiatives.

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