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.