The gross inland consumption of liquefied petroleum gases in Italy is projected to increase gradually from 2024 to 2028, starting at 95.17 thousand terajoules in 2024 and reaching 101.16 thousand terajoules by 2028. For context, the actual consumption in 2023 stood at 93.65 thousand terajoules. The year-on-year growth from 2024 to 2028 indicates a steady increase, averaging around 1.5% annually. Over the five-year period, a compounded annual growth rate (CAGR) of approximately 1.6% is expected.
Future trends to watch include:
- Technological advancements in LPG utilization, potentially increasing efficiency.
- Policy changes regarding energy consumption and green energy transitions.
- Fluctuations in LPG market prices affecting demand and imports.