The series of Liquefied Petroleum Gases (LPG) available for final consumption in Italy showed fluctuations between 2013 and 2023, standing at 3.52 Million Tonnes of Oil Equivalent (Mtoe) in 2023. The year-on-year variations highlighted periods of growth and decline. For instance, 2013-2014 saw a 6.33% decline followed by irregular growth and contraction phases. Notably, 2019-2020 witnessed a 1.11% increase, whereas 2021 showed a 3.83% decrease. By 2023, the rate slightly contracted by 0.26%. Over the last five years from 2018 to 2023, the Compound Annual Growth Rate (CAGR) registers at 0.3%, indicating a relatively stable trend.
Forecasts from 2024 to 2028 project a slight declining trend, with a 5-year CAGR of -0.2%, culminating in a 1% decrease by 2028. This projection suggests a marginal reduction in LPG availability for final consumption.
Future trends to watch for include advancements in energy alternatives, regulatory changes impacting fossil fuel consumption, and evolving market dynamics due to environmental policies. These factors could significantly influence LPG availability and usage patterns in the coming years.