In 2024, the refinery output of kerosene-type jet fuel in France is forecasted to begin at 159.67 thousand terajoules, decreasing annually by approximately 1.78%, reaching 148.49 thousand terajoules by 2028. Compared to 2023, the refinery output depicted a declining trend, indicating a gradual decrease in production. The compounded annual growth rate (CAGR) over the five-year period is negative, highlighting a sustainable downtrend in production.
Future trends to watch for include advancements in green technology, regulatory changes aiming for higher sustainability, and geopolitics that could impact the oil market globally. Additionally, the adoption of alternative fuels may further influence production levels of conventional jet fuel.
