The forecasted consumption of primary solid biofuels in Italy's wood and wood products sector shows a steady upward trend from 2024 to 2028. With values starting at 175.54 Thousand Tonnes of Oil Equivalent in 2024, we see consistent annual growth. From 2025 to 2028, there's an average annual increase of approximately 2.6%, reflecting a compounded annual growth rate (CAGR) over these five years.
Future trends to watch for:
- Technological advancements in biofuel processing could drive efficiency improvements.
- Policy changes, particularly those encouraging renewable energy usage, may further bolster biofuel consumption.
- Market dynamics in related industries, such as construction, could impact demand for wood-based biofuels.