The final consumption of natural gas in the Italian iron and steel sectors was recorded at 12.8 thousand gigawatt-hours in 2023. A forecasted gradual decrease is anticipated from 2024 to 2028, with consumption values diminishing slightly each year from 12.63 in 2024 to 12.07 in 2028. The year-on-year percentage variations indicate a consistent downtrend between these years, highlighting a sustained decrease in natural gas usage after 2023. The compound annual growth rate (CAGR) suggests an average decline over this 5-year period.
Future trends to watch for include:
- Technological advancements in energy efficiency within the industry.
- Policy shifts towards greener manufacturing processes.
- Potential economic impacts from energy price fluctuations and supply chain changes.