The forecasted data shows a consistent decrease in Italy's Fuel Oil Gross Inland Consumption from 2024 to 2028, with values declining annually from -61,270 GWh to -69,070 GWh. As of 2023, it stood at a higher level, indicating a clear downward trend. The year-on-year variations show a constant drop, signaling a steady decline. The compound annual growth rate (CAGR) over the five-year period illustrates an average annual decrease, highlighting a sustained reduction in fuel oil usage.
Future trends to watch for include potential shifts towards alternative energy sources, impacting fuel oil demand further. Policy changes aiming to meet climate goals may also accelerate this declining trend.
