Forecast: Fuel Oil Final Consumption in Non-Ferrous Metal Sector in Italy

The forecasted consumption of fuel oil in Italy's non-ferrous metal sector shows a steady increase from 2024 to 2028, beginning at 2.02 thousand terajoules in 2024 and reaching 2.25 thousand terajoules by 2028. Assuming 2023 levels were slightly lower, this trend indicates a consistent year-on-year growth ranging from approximately 2.97% to 2.45% over the five-year period.

Future trends to watch include:

  • Impact of technological advancements on energy efficiency, which might reduce fuel oil consumption.
  • Policy changes aiming at reducing fossil fuel dependence and encouraging renewable energy sources.
  • Fluctuations in global fuel oil market prices affecting operational costs in the sector.

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