Forecast: Natural Gas Liquids Gross Inland Consumption in Italy

In 2023, the gross inland consumption of Natural Gas Liquids in Italy was estimated at slightly above 9.00 thousand tonnes of oil equivalent. From 2024 to 2028, consumption is forecasted to decline steadily, with a year-on-year reduction of approximately 1.82% initially, decreasing to an average rate of 1.54% towards 2028. The compound annual growth rate (CAGR) over this five-year period is a negative trend, reflecting a consistent decrease in consumption.

Future trends to watch for include:

  • Potential shifts in policy and regulation towards renewable energy sources, which may further reduce natural gas demand.
  • Technological advancements in energy efficiency that could influence consumption patterns.
  • Economic factors and geopolitical developments impacting the energy sector in Europe and globally.

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