The forecast data for the final consumption of gas oil and diesel oil in Italy's iron and steel sector suggest a continuous increase from 2024 to 2028. In 2023, the consumption stood at approximately 850 Terajoules. From 2024 to 2025, there is an anticipated increase of about 5%, followed by a similar upward trend of around 4-5% annually through 2028. The compound annual growth rate (CAGR) over this period is estimated at roughly 4.8%, indicating a consistent rise in demand.
Future trends to watch for include:
- Possible shifts towards more sustainable energy sources, impacting diesel and gas oil consumption. - Economic changes or regulations in Italy's iron and steel sector that could influence energy demand. - Technological advancements that might affect energy efficiency and overall consumption patterns.
