The forecast for fuel oil final consumption in agriculture and forestry in France from 2024 to 2028 reveals a consistent downward trend. Starting at 517.56 terajoules in 2024, consumption is projected to decrease significantly each year, reaching 160.4 terajoules by 2028. This corresponds to a year-on-year decrease of approximately 17.6% for 2025, 21.1% for 2026, 26.3% for 2027, and 35.3% for 2028. The compound average annual growth rate (CAGR) over these five years suggests an average decline of about 26.3% per year.
Future trends to watch for:
- Continued advancements in renewable energy technologies, potentially accelerating the decline in fuel oil consumption.
- Policy changes promoting alternative energy usage in agriculture and forestry may further impact fuel oil demand.
- Economic factors affecting the cost and adoption rate of cleaner energy sources.