The electricity consumption in Italy's non-ferrous metal sector is projected to decline steadily from 2.58 thousand gigawatthours in 2024 to 2.38 in 2028. This indicates a gradual reduction with an approximate year-on-year decline of 1.94%. In 2023, the consumption stood higher, reflecting a consistent downward trend. Over a five-year period, this translates to a compound annual growth rate (CAGR) of approximately -2.0%.
Future trends to watch for include:
- Technological innovations that may improve energy efficiency and reduce consumption.
- Policy changes promoting sustainable energy use and their potential impact on the sector.
- Market dynamics and demand shifts in the global non-ferrous metal industry.