Forecast: Machinery Sector Final Consumption of Primary Solid Biofuels in France

In the years from 2013 to 2023, the machinery sector's final consumption of primary solid biofuels in France showed a varied trend. Consumption fluctuated, experiencing noticeable drops in 2015 and significantly in 2020, followed by substantial increases from 2021 onwards. By 2023, the value stood at 159.25 Terajoules, marking a 12.24% year-on-year increase. Over the last five years (CAGR), the sector experienced an average annual growth of 1.69%, rebounding from a downward trend observed in previous years.

Looking ahead, forecast data indicates a steady increase in consumption of primary solid biofuels. From 2024 to 2028, projected values demonstrate annual growth, with the CAGR forecasted to be 2.07%, resulting in a 10.8% growth rate over the five-year period. A critical trend to watch for includes the sector’s adaptation to renewable energy policies and technological advancements, which may drive further growth and efficiency in biofuel consumption. Monitoring these developments will be essential for understanding future consumption dynamics.