Forecast: Solid Fossil Fuels Final Consumption in Transport Equipment Sector in France

In 2023, the final consumption of solid fossil fuels in the transport equipment sector in France was recorded at approximately 6.06 thousand tonnes of oil equivalent. From 2024 to 2028, forecasts suggest a modest but steady increase, with figures rising incrementally from 6.09 in 2024 to 6.2 by 2028. The year-on-year growth reflects stable demand, gradually expanding at about 0.5% annually over the period. The five-year compound annual growth rate (CAGR) underscores a consistent trajectory with slight escalation in consumption patterns.

Key future trends to watch for include:

  • Potential shifts in regulatory policies targeting emission reductions, potentially curbing fossil fuel use.
  • Technological advancements in alternative energy sources, seeking to replace or reduce dependence on solid fossil fuels.
  • Economic factors and market dynamics influencing the cost and supply chains of fossil fuels.

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