In 2023, the final consumption of electricity in Italy's Textile and Leather sector was 19.14 Thousand Terajoules. The forecast for 2024 is set at 19.24 Thousand Terajoules, showing a slight increase of approximately 0.52% from the previous year. The yearly increase remains consistent, with forecasted values reaching 19.63 Thousand Terajoules by 2028. Over the five-year period, the compound annual growth rate (CAGR) is expected to be around 0.63%.
Future trends to watch for include:
- The impact of technological advancements on energy efficiency in the sector.
- Possible regulatory changes affecting energy consumption patterns.
- Shifts in market demand for textiles and leather goods that might alter production levels and energy use.