In 2023, the Iron and Steel sector in Italy did not consume a significant amount of primary solid biofuels as seen from the limited initial forecast values starting in 2024. The consumption is projected to rise steadily, from 0.17 Terajoules in 2024 to 0.25 Terajoules by 2028. This demonstrates a consistent annual increase, signaling a shift in energy sources within the industry. The anticipated compound annual growth rate (CAGR) over 2024-2028 is notable, suggesting emerging investment or policy changes favoring sustainable energy sources.

Future trends to watch for:

Potential regulatory changes promoting biofuel usage in industrial sectors.
Technological advancements that make biofuels more cost-effective and efficient.
Market dynamics such as cost of raw materials affecting supply and demand.