In 2023, bioenergy final consumption in Italy's machinery sector stood at approximately 145.0 Thousand Tonnes Of Oil Equivalent (ktoe). Moving forward, the projections indicate a steady growth from 2024 to 2028. Specifically, the consumption is expected to increase incrementally each year, starting from 146.27 ktoe in 2024 and reaching 149.74 ktoe by 2028. The annual growth rate consistently remains just under 1%, contributing to a compounded average growth rate (CAGR) of roughly 0.88% over the five-year forecast period.
Looking ahead, key trends to monitor include technological advancements in bioenergy applications within the machinery sector, government policies supporting renewable energy, and changes in industrial demand. Such factors may influence both the pace and direction of bioenergy consumption in this sector.
