Forecast: Industry Sector Final Consumption of Natural Gas in Italy

As of 2023, the industry sector's final consumption of natural gas in Italy was approximately 8.86 million tonnes of oil equivalent. Forecasts from 2024 to 2028 suggest a steady annual increase, starting from 8.96 in 2024 and reaching 9.39 million tonnes by 2028. The year-on-year growth rate is modest, with approximately 1.23% average changes per annum.

The 5-year compound annual growth rate (CAGR) from 2023 to 2028 is projected to be around 1.16%, indicating a stable but slow upward trend in consumption.

Future trends to watch for include:

  • Potential impacts of policy changes aimed at reducing carbon emissions and their effect on natural gas consumption.
  • Technological advancements in energy efficiency that might temper demand growth.
  • Economic growth factors that could influence industrial energy requirements.

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