Forecast: Primary Solid Biofuels Final Consumption in Chemical and Petrochemical Sectors in Italy

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.

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