In 2023, the final consumption of fuel oil in mining and quarrying in Italy stood at 13.34 thousand tonnes of oil equivalent. The forecast for 2024 to 2028 shows a slow but steady increase, rising from 13.35 in 2024 to 13.39 thousand tonnes in 2028. The year-on-year percentage growth is negligible, indicating stability with a Compound Annual Growth Rate (CAGR) over five years of about 0.08%. This suggests minimal volatility or change over this period.
Future trends to watch for include potential shifts in energy policy, technological advancements in alternative energy sources, and their impact on fuel oil demand in the mining sector. Additionally, fluctuations in the global oil market could influence these forecasts.
