The forecast for Italy's motor gasoline refinery output from 2024 to 2028 shows a steady decline. The output is expected to decrease from 192.73 in 2024 to 186.43 thousand gigawatthours by 2028. This reflects a compound annual growth rate (CAGR) of approximately -0.8% over the five-year period. Comparatively, the year-on-year variations from 2024 to 2028 range between -0.8% and -1.0%.
Future trends to watch for include the increasing influence of climate policies and technological advancements in fuel efficiency, which may further decrease fossil fuel demand. Additionally, the rise of alternative energy vehicles could accelerate this declining trend. Monitoring policy changes and technological developments will be crucial for anticipating future shifts in refinery output.
