In 2023, Italy's crude oil energy supply was reported at 2.7574 million terajoules. The data forecast for the period from 2024 to 2028 shows a declining trend. From 2024 to 2025, the supply is expected to decrease by approximately 1.03%. Between 2025 and 2026, the supply will drop further by 1.03%. This pattern continues with a reduction of around 1.03% each year until 2028. Over the five-year period, the Compound Annual Growth Rate (CAGR) reflects an average annual decline of approximately 1.03%.
Future trends to watch for include advancements in renewable energy technology, changes in EU energy policies, and potential shifts in global crude oil markets which might further impact Italy's crude oil energy supply landscape.
