In 2023, the bitumen imports to France stood at a known value prior to forecasts. For the forecasted years, imports gradually increase from 52.38 thousand terajoules in 2024 to 55.5 thousand terajoules in 2028. The year-on-year analysis shows a steady growth trend with an approximate increase of 1.5% to 1.7% annually. Over a five-year period, the compound annual growth rate, or CAGR, averages out to a moderate annual increase, reflecting a stable uptrend in import volume.
Future trends to watch for include potential impacts of environmental regulations affecting bitumen demand and the adoption of sustainable construction practices. Additionally, fluctuations in global oil prices could influence import volumes, along with infrastructure spending shifts within France and the European Union.
