The forecast for liquefied petroleum gases (LPG) final consumption in the industry sector in Italy from 2024 to 2028 shows a steady decline. In 2023, the consumption stood at 2.34 thousand gigawatt-hours. By 2024, the consumption is expected to decrease to 2.3 thousand gigawatt-hours. This is followed by a year-on-year decline of approximately 1.74% in 2025, 1.77% in 2026, 1.80% in 2027, and 1.83% in 2028. The compound annual growth rate (CAGR) over these five years is projected to be roughly -1.78% annually, indicating a consistent downward trend.
Future trends to watch for include the potential shift towards renewable energy sources, increased energy efficiency measures, and regulatory changes which may further impact the consumption of LPG in the industry sector. Environmental policies and technological advancements are critical factors that could accelerate the transition away from traditional petroleum-based energy sources.
