Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Transformation Output in Italy

The forecast for Italy's gas oil and diesel oil transformation output, excluding biofuel, indicates a gradual decline from 31.76 million tonnes in 2024 to 31.2 million tonnes by 2028. This shows a consistent year-on-year decrease of approximately 0.44% annually. Compared to 2023, where the output stood at 31.88 million tonnes, the trend reflects a slight contraction of about 0.38% per year over the two-year span. Looking at the projected compound annual growth rate (CAGR), the average yearly decline is roughly 0.4% over the five-year period.

Future trends to watch include:

  • Potential policy changes in environmental regulations that might impact fossil fuel demand.
  • The transition towards renewable energy sources and its acceleration over the coming years.
  • Market adaptation to technological advancements in fuel efficiency and alternative fuels.

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