The chemical and petrochemical sector's final consumption of natural gas in France has shown varied trends from 2013 to 2023. In 2023, consumption stood at 128.97 thousand terajoules. Over the last two years, the year-on-year variation was 1.6% in 2022 and 0.8% in 2023. Reviewing the five years, the compound annual growth rate (CAGR) was -0.25%. From 2013 to 2023, consumption decreased significantly, with notable declines of -10.84% in 2014 and -13.66% in 2017, alongside periods of minor recovery, such as 12.27% in 2018.
Looking ahead, a slight upward future trend is projected with a forecasted five-year CAGR of 0.59%, indicating moderate growth. It is essential to monitor the impact of energy policies, technological advancements, and global market shifts on natural gas demand. Additionally, the adoption of sustainable practices and alternative energy sources will be critical factors influencing future consumption trends in this sector.