The fuel oil final consumption in Italy's food, beverages, and tobacco sectors is projected to decline steadily between 2024 and 2028. From 2024 to 2025, a decrease of approximately 15.12% is anticipated, followed by further reductions of around 17.64% in 2026, 21.22% in 2027, and 26.66% in 2028. Over the entire forecast period, the compound annual growth rate (CAGR) shows an average year-on-year decline of about 19.29%.
Future trends to watch for include:
- Shifts towards more sustainable energy sources in industrial sectors as a part of Italy’s green transition.
- The potential impact of technological innovations aimed at improving energy efficiency.
- Policy changes at the EU or national level that influence energy consumption patterns.