In 2023, France's pure biogasoline production capacity was at the level needed to support forecast growth starting in 2024. By examining the forecast data, the production capacity is anticipated to grow gradually each year: 1.76 million metric tons in 2024, 1.8 in 2025, 1.83 in 2026, 1.86 in 2027, and reaching 1.89 million metric tons by 2028. This reflects a steady year-on-year growth trend, with annual increases ranging from about 1.7% to 1.9%. The compound annual growth rate (CAGR) over this five-year period is forecasted to be around 1.82%.
Future trends to watch include potential impacts from technological advancements in production processes, shifts in energy policy favoring renewable sources, and potential fluctuations in demand that could affect production capacity adjustments. Additionally, monitoring environmental policies that may influence investments in biofuel infrastructure will be crucial.
