Forecast: Chemical and Petrochemical Sector Final Consumption of Natural Gas in France

From 2013 to 2023, the final consumption of natural gas in France’s chemical and petrochemical sector shows a fluctuating but general downward trend. Actual data illustrate a significant decline between 2013 (3.91 MtOE) and 2017 (2.78 MtOE), with a rebound to 3.12 MtOE in 2018. The subsequent years experience minor fluctuations, stabilizing around 3.04 MtOE from 2023 onward.

The year-on-year variations indicate periods of volatility, with notable decreases in 2014 (-10.84%) and 2017 (-13.66%) and some recovering years like 2018 (12.27%). CAGR data show significant negative growth in the early period, with improvement in more recent years, such as in 2022 (1.76%). Future trends point to a very modest average annual growth of 0.1% from 2023 to 2028.

Future trends to watch include potential impacts of regulatory changes, advancements in energy efficiency, shifts towards renewable energy sources, and the sector's response to climate policies, which could all influence future natural gas consumption levels.