In 2023, petroleum coke final consumption in Italy's non-metallic minerals sector was approximately 912. The forecast for 2024 to 2028 indicates a consistent decline, with consumption dropping from 897.06 to 839.91, denoting a steady downward trend.
Year-on-year analysis reveals:
- A decrease of -1.63% from 2024 to 2025
- A decrease of -1.62% from 2025 to 2026
- A decrease of -1.63% from 2026 to 2027
- A decrease of -1.64% from 2027 to 2028
The compounded annual growth rate over this five-year forecast period is approximately -1.62%, indicating a gradual reduction in usage.
Future trends:
- Increased focus on sustainability and carbon reduction may further impact consumption.
- Technological advancements in non-metallic mineral processing could lead to more efficient energy use and reduced reliance on petroleum coke.
- Potential policy shifts promoting cleaner energy alternatives could accelerate this consumption decline.
