Forecast: Motor Gasoline (Excluding Biofuel Portion) Final Consumption in Industry in Italy

In 2023, Italy's industrial consumption of motor gasoline excluding biofuel stood at a baseline indicating a steady demand. From 2024 onward, this consumption is forecasted to grow incrementally, with a year-on-year increase from 145.02 to 150.16 thousand tonnes of oil equivalent by 2028. The average compound annual growth rate (CAGR) over these five years suggests a stable but modest upward trend consistent with industrial activity and economic factors influencing energy use.

Future trends to watch for:

  • Technological advancements that may improve fuel efficiency or alter industrial fuel needs.
  • Policies promoting alternative energy sources, potentially impacting gasoline consumption.
  • Economic factors influencing industrial growth, subsequently affecting fuel demand.

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