The forecast for petroleum coke available for final consumption in Italy shows a gradual decline from 2024 to 2028. The initial value in 2024 is 33.35 thousand terajoules, which decreases steadily each year, reaching 28.92 thousand terajoules by 2028. This represents an overall reduction of 13.3% over the five-year period. The year-on-year decreases are as follows: 2025 experiences a 3.4% drop, 2026 sees a 3.5% decline, 2027 shows a 3.5% decrease, and 2028 ends with a 3.6% reduction. The compound annual growth rate (CAGR) over these five years is approximately -3.4% per year.
Future trends to watch for:
- Impact of environmental regulations on the consumption of petroleum coke.
- Shifts towards alternative and renewable energy sources.
- Technological advancements in energy efficiency and their effects on petroleum coke demand.
- Economic factors influencing industrial demand for petroleum coke.