In 2023, Italy's Kerosene-Type Jet Fuel consumption stood at 2.48 million tonnes of oil equivalent. The forecasted figures show a steady year-on-year increase from 2024 to 2028, starting at 2.57 million tonnes in 2024 and reaching 2.94 million tonnes by 2028. This results in a compound annual growth rate (CAGR) of approximately 3.4% over the five-year period.
Future trends to watch include:
- The potential impact of advancements in biofuels and alternative technologies on traditional jet fuel demand.
- Policy changes regarding emissions and environmental sustainability in the aviation industry.
- The recovery pace of the aviation sector post-pandemic, influencing fuel consumption levels.