The forecasted import values of gas oil and diesel oil (excluding biofuel) into Italy indicate a gradual increase from 6.22 Million Tonnes of Oil Equivalent (Mtoe) in 2024 to 6.97 Mtoe by 2028. Examining year-on-year growth, the import values increase steadily by approximately 3-4% annually from 2024 through 2028, pointing to a consistent upward trend. The Compound Annual Growth Rate (CAGR) over this five-year period is expected to remain around 2.8%.
Future trends to watch for include:
- Shifts in global energy prices which may affect import costs and decisions.
- Italy's evolving energy policies, particularly initiatives to reduce CO2 emissions.
- Technological advancements in energy efficiency that could decrease reliance on traditional diesel and gas oil imports.