The refinery output for motor gasoline in Italy saw fluctuations from 2013 to 2023, peaking in 2019 at 720.59 thousand terajoules before a significant dip in 2020 at 538.17 thousand terajoules. This was followed by recovery with the output being 699.65 thousand terajoules in 2023. The annual variations show significant dips and rises, especially the –25.32% drop in 2020 and a rebound by 26.08% in 2021. The compound annual growth rate (CAGR) over the last five years stood at a modest 0.38%.
From 2024 onward, the output is forecasted to steadily decline, reaching 671.15 thousand terajoules in 2028, with a forecasted five-year CAGR of -0.66%. This indicates a gradual slowdown in refinery output.
Future trends to watch for include shifts in energy policies, growth in alternative fuel adoption, and technological advancements in refining processes. Keeping an eye on global crude oil prices and their impact on refinery operations will be crucial for future analysis.
