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.