Forecast: Natural Gas Final Consumption in Iron and Steel Sectors in Italy

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.

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