By 2024, Italy's petroleum coke imports are forecasted to decline from their 2023 level. Based on projections, the volume decreases from 765.15 to 717.62 thousand tonnes of oil equivalent by 2028. Year-on-year analysis shows a steady reduction: -1.58% in 2025, -1.59% in 2026, -1.59% in 2027, and -1.60% in 2028. The compound annual growth rate (CAGR) calculates to an average decrease of 1.56% per year from 2024 to 2028.
Future trends to watch for:
- Global energy transition towards renewable sources could further impact petroleum coke demand in Italy.
- Regulations targeting CO2 emissions might accelerate the decline in fossil fuel imports.
- Economic factors and industry adaptations will influence supply chain dynamics and price volatility.