The primary solid biofuels gross heat production in France has shown significant growth from 2013 to 2023, reaching 1330 thousand tonnes of oil equivalent in 2023. The period between 2013 and 2023 saw varying year-on-year changes, with high growth rates in earlier years and stabilization around the mid-late 2010s. While growth tapered off around 2020, it saw an uptick again by 2023.
Year-on-year growth rates have ranged substantially. From 38.39% in 2013, dropping to negative growth in 2020 at -6.98%, and recovering to 3.15% by 2023. The compound annual growth rate (CAGR) shows a general deceleration over this period: starting at 26.98% in 2013 and slowing down to about 3.33% by 2023. Forecasts from 2024 to 2028 project a modest growth rate, with a forecasted 5-year CAGR of 1.72%.
Future trends to watch for include potential technological advancements in biofuel production methods, regulatory changes affecting biofuel use, and market demand fluctuations in the energy sector. Monitoring these factors will be crucial for understanding the long-term sustainability and growth trajectory of France's primary solid biofuels market.
