Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Final Consumption in Iron and Steel Sectors in Italy

The forecast for gas oil and diesel oil consumption in Italy's iron and steel sector indicates a modest upward trend, moving from 16.54 thousand tonnes of oil equivalent in 2024 to 17.14 in 2028. Compared to 2023, this denotes a continuation of consumption patterns with a generally consistent rise. The year-on-year growth varies gently, showing a steady demand. Over this five-year period, the compound annual growth rate (CAGR) suggests a less than 1% annual increase, indicating stable but slow growth in this sector's energy use.

Future trends to consider include:

  • Potential regulatory changes impacting fuel usage in industrial sectors.
  • Advancements in energy efficiency technologies that might curb oil consumption.
  • A potential shift toward alternative energy sources impacting traditional oil use.

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