Based on the provided data, the closing stock of Kerosene-Type Jet Fuel in France has followed an increasing trend from 2024 to 2028. The values start at 1.46 million metric tons in 2024 and gradually increase to 1.55 million metric tons by 2028. Considering the closing stock in 2023 stood at 1.44 million metric tons, this indicates a steady growth.
- The year-on-year variation from 2024 to 2025 is approximately 1.37%.
- For 2025 to 2026, it is around 2.03%.
- From 2026 to 2027, it shows a slight increase of about 1.32%.
- From 2027 to 2028, the variation is roughly 1.31%.
Looking over the last two years, the average annual growth rate is around 1.5%. Over the forecast period of five years, the compound annual growth rate (CAGR) is approximately 1.52%, indicating steady but modest growth in the closing stock of Kerosene-Type Jet Fuel in France.
Future trends to watch for include potential shifts in aerospace fuel technology, advancements in fuel efficiency, economic factors influencing air travel demand, and geopolitical events affecting the global supply chain and production of jet fuel. These factors can significantly impact the future stock levels of Kerosene-Type Jet Fuel in France.
