Forecast: Kerosene-Type Jet Fuel (Excluding Biofuel Portion) Final Consumption in Industry in Italy

In 2024, the final consumption of kerosene-type jet fuel in the Italian industry is projected at 102.91 terajoules, falling significantly from prior years. This trend of decline continues through 2028, where consumption is forecasted to reach just 10.91 terajoules. The annual consumption is expected to decrease by 22.7% in 2025, 29.1% in 2026, 40.6% in 2027, and 67.5% in 2028, indicating a compounding reduction every year. The compound annual growth rate (CAGR) over this period is anticipated to be highly negative, highlighting a rapid reduction in consumption.

Future trends to watch for include:

  • The increasing shift towards biofuels and sustainable aviation fuels as part of environmental regulations in Italy.
  • Technological advancements in aircraft efficiency that could further reduce fuel consumption.
  • The impact of regulatory policies on emissions targets, which may accelerate the decline in traditional jet fuel demand.

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