From 2023 to 2028, Italy's petroleum coke imports are projected to gradually decrease. In 2023, actual imports stood at 9.0 thousand gigawatthours. The forecast predicts a steady decline, with a compound annual growth rate (CAGR) reflecting a decrease of approximately 1.25% annually. The yearly percentage changes are subtle, averaging about a 1.5% decline each year, with 2028 imports expected to be around 8.35 thousand gigawatthours.
Future trends to watch:
- Italy's transition to renewable energy sources may accelerate the decline in petroleum coke imports.
- Global price fluctuations and supply chain dynamics could impact cost competitiveness.
- Regulatory changes and environmental policies in the EU can further influence import levels.