Forecast: Fossil Energy Final Consumption in Wood and Wood Products Sector in Italy

The wood and wood products sector in Italy shows a forecasted increase in fossil energy final consumption from 12.74 thousand terajoules in 2024 to 13.93 thousand terajoules in 2028. This marks a continuous growth pattern as consumption is projected to rise annually over the forecasted period. Year-on-year growth ranges from around 2.4% to 2.2%, and the compound annual growth rate (CAGR) over these five years is estimated at approximately 2.3%.

Future trends to watch for:

  • Technological advancements in energy efficiency which could alter consumption patterns.
  • Potential shifts towards renewable energy sources impacting fossil fuel usage.
  • Regulatory changes in environmental policies influencing energy consumption volumes.

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