In 2023, Italy's charcoal final consumption in industry stood at approximately 7.55 thousand tonnes of oil equivalent. From 2024 to 2028, the forecasted data indicates a gradual increase in consumption from 7.59 to 7.8 thousand tonnes. The year-on-year growth rate is consistent at around 0.79% to 0.65% annually, demonstrating a steady but modest upward trend. The compound annual growth rate (CAGR) over this five-year period is projected to be about 0.67%.
Future trends to watch for include:
- Sustainability initiatives impacting charcoal consumption practices.
- Technological advancements in alternative fuels that may influence industry preferences.
- Regulatory changes aimed at reducing carbon emissions, potentially altering consumption patterns.