In 2023, Italy's liquefied petroleum gases energy supply stood at slightly below 95.17 thousand terajoules. The forecast for the period from 2024 to 2028 projects a steady growth. The expected year-on-year growth rates indicate a consistent annual increase of approximately 1.6% to 1.8%. Overall, the forecast suggests a compound annual growth rate (CAGR) of about 1.5% over the five years.
Future trends to watch for include:
- Technological advancements improving LPG production and distribution efficiency.
- Policy changes or renewable energy incentives potentially impacting LPG demand.
- Fluctuations in global energy markets affecting supply and cost dynamics in Italy.