The forecast for fuel oil refinery output in France shows a steady decline from 2024 to 2028. In 2023, the output stood at 5.53 Million Tonnes of Oil Equivalent. Starting at 5.36 in 2024, it is expected to decrease to 4.71 by 2028, reflecting a reduction of approximately 11.7% over this period. The average annual decline (CAGR) from 2024 to 2028 is projected at 3.2%. This trend indicates a consistent downtrend in production levels over these years.
Future trends to watch for include a potential shift towards alternative energy sources, policies impacting fossil fuel production, and technological advancements in refining processes. Additionally, economic factors and geopolitical circumstances may influence future outputs and strategic adjustments in the energy sector in France.
