Forecast: Fuel Oil Consumption in International Maritime Bunkers in Italy

Fuel oil consumption in international maritime bunkers in Italy showed fluctuating trends over the past decade, with a notable decrease from 84.36 thousand terajoules in 2013 to 89.38 thousand terajoules in 2023. Despite a drop in 2020 to 77.0 thousand terajoules, consumption rebounded, witnessing a slight increase in recent years, with a 3.05% year-on-year rise in 2023. The forecast anticipates moderate growth, with consumption expected to reach 91.41 thousand terajoules by 2028, exhibiting a 0.36% average annual growth rate over the next five years.

Trend variations over the recent years highlight:

- From 2021 to 2022: +16.21%
- From 2022 to 2023: +3.05%

The future forecast shows a steadying trend, with an average annual growth rate of 0.36% through 2028. This indicates a stabilization period after previous fluctuations. Key future trends to watch include regulatory changes in emissions, the transition towards alternative fuels, and the impact of global trade patterns on maritime fuel demand.

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