Forecast: Kerosene-Type Jet Fuel (Excluding Biofuel Portion) Final Consumption in Industry in Italy

The consumption of kerosene-type jet fuel in Italy's industry witnessed a consistent decrease from 2013 to 2023. Notable early fluctuations included a steep drop of 54.55% in 2015, followed by stability from 2016 to 2018. However, subsequent years showed continued decline, exacerbated in 2020 by a 25% decrease. A temporary rebound occurred in 2022 with a 37.48% increase, before dropping again by 10.04% in 2023, when consumption stood at 36.19 GWh. Over the last five years leading to 2023, the compound annual growth rate (CAGR) was negative, reflecting sustained reduced consumption.

Future trends to watch for:

  • Forecasts from 2024 onward suggest persistent decline, with a 79.25% reduction projected by 2028.
  • The 5-year CAGR from 2023 to 2028 is forecasted at -26.99%, indicating ongoing reduced reliance on non-biofuel jet fuel.
  • These trends suggest increased interest and potential policies in sustainable aviation fuels and more efficient energy use in the aviation sector.

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