In 2023, the final consumption of primary solid biofuels in Italy's chemical and petrochemical sectors stood at 54.27 Terajoules. From 2024 to 2028, forecasted data shows a gradual decline in consumption, with a year-on-year percentage decrease: 2024 (0.68%), 2025 (0.63%), 2026 (0.58%), 2027 (0.47%), 2028 (0.53%). The Compound Annual Growth Rate (CAGR) for this period is approximately -0.47%, indicating a steady downward trend.
Future trends to watch for:
- Industry shifts towards renewable resources could further impact solid biofuel demand.
- Technological advancements and policy changes may alter consumption patterns.
- Economic conditions post-2028 could drive fluctuations in energy use within these sectors.