In 2023, the actual consumption of natural gas in Italy's iron and steel sectors was 46.00 thousand terajoules. The forecast for 2024 indicates a 1.20% decline, with a continued drop in the following years: 1.12% in 2025, 1.11% in 2026, and 1.13% in 2027 and 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected at -1.11%, reflecting a gradual decrease in consumption.
Future trends to watch for:
- Potential increases in energy efficiency through technological advancements in the iron and steel sectors.
- The impact of potential regulatory changes favoring greener energy sources.
- Fluctuations in global natural gas markets that could affect local consumption patterns.