In 2023, the volume of coal tar available for final consumption in France stood at 5.38 Thousand Terajoules. Observing the historical data, the period from 2013 to 2015 saw considerable fluctuations influenced by significant year-on-year variations of 39.62% in 2014 and -31.76% in 2015. Stability characterized the following years, except for notable increases in 2018 (38.18%) and 2022 (25.11%). The compound annual growth rate (CAGR) over the last five years showed a slight decrease (-0.56%) between 2018-2023. The forecast from 2024 to 2028 maintains this volume steadily at 5.38 Thousand Terajoules, predicting minimal future changes.
Future trends to watch for:
- The market's stability in the forecast period indicates a low likelihood of significant fluctuations.
- Environmental policies and regulations may impact the long-term availability and consumption of coal tar.
- Shifts in industrial demand and technological advancements could either boost or lower the future consumption rates.