In 2023, Italy's pure biodiesel imports stood at approximately 55.00 thousand terajoules. Forecasted data show an upward trend from 2024 to 2028, with imports expected to increase from 62.27 to 91.16 thousand terajoules. Year-on-year variations indicate consistent growth: 11.8% from 2024 to 2025, 10.4% from 2025 to 2026, 9.39% from 2026 to 2027, and 8.45% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be approximately 9.94%.
Future trends to watch for:
- Increased focus on sustainable energy policies and regulations.
- Technological advancements in biodiesel production.
- Market dynamics affecting global biodiesel supply and pricing.