The closing stock of high-sulphur fuel oil in Italy is forecasted to decline marginally from 2024 to 2028, starting from 639.8 thousand metric tons in 2024 to 587.94 thousand metric tons in 2028. This represents a continuous year-on-year decrease, averaging a compound annual growth rate (CAGR) over the forecast period, indicating an overall downward trend in stock levels.
Key trends to watch for in the future include:
- The impact of regulatory shifts towards cleaner energy sources, affecting fuel oil demand.
- Potential fluctuations in global crude oil prices, influencing production and stock levels.
- Economic and industrial activity in Italy, which could alter fuel consumption patterns.