The chemical and petrochemical sector’s final consumption of natural gas in Italy has seen fluctuating trends over the past decade, with a notable increase in consumption from 2020 onwards. The year-on-year variation reveals periods of decline and growth, with a significant spike in 2021 (86.05%) followed by a drop in 2022 (-14.07%) and a rebound in 2023 (11.36%). The compound annual growth rate (CAGR) from 2023 indicates an upward trajectory, forecasting a 5-year CAGR of 6.31% leading to 2028.
Looking ahead, the sector is expected to continue its growth, driven by increased demand and possibly influenced by innovations in chemical production and shifts towards more sustainable and efficient energy sources. Keeping an eye on regulatory changes and advancements in green technology will be crucial for understanding future consumption trends.