Based on the forecasted data, the production of coke and refined petroleum products in France is expected to gradually decline from €32.94 billion in 2024 to €30.78 billion in 2028. Analyzing the year-on-year percentages, there is a gradual decrease of approximately 1.7% annually. The compound annual growth rate (CAGR) suggests an average reduction of around 1.7% per annum over the five-year period leading up to 2028.
Future trends to watch for include:
- The impact of global energy transitions towards renewable energy sources.
- Changes in regulatory environments and carbon emissions targets that may further affect production levels.
- Technological advancements in refining processes that could lead to efficiency improvements.