The exports of solid fossil fuels in Italy have shown varied changes over the past decade. From a significant surge in 2014 and 2015, where year-on-year variations were 38.97% and 10.75% respectively, there has been a noticeable fluctuation. The highest exports were in 2015, after which annual values began to decline, notably dropping by 19.59% in 2019. By 2023, the exports stood at 183.52 Thousand Tonnes of Oil Equivalent, marking a 0.92% decrease from the previous year. The compound annual growth rate (CAGR) observed a decline, moving from positive territory earlier in the decade to -5.96% in 2023.
The forecast from 2024 onwards suggests a gradual decrease, with exports projected to drop to 178.93 Thousand Tonnes of Oil Equivalent by 2028, corresponding to a CAGR of -0.36% over the forecast period.
Future trends to watch for include the potential impact of global energy transitions towards renewable sources, regulatory changes impacting the fossil fuel industry, and economic factors influencing Italy's export capabilities. Strategic investments in alternative energy exports could be pivotal for Italy's market adaptation and growth.
