The forecasted decline in Italy's gas oil and diesel oil consumption (excluding biofuel) from 2024 to 2028 reflects a consistent annual contraction. Consumption decreases from 3.65 to 2.74 million tonnes of oil equivalent, indicating a steady transition toward reducing dependency on traditional fuels. The year-on-year reduction between 2024 and 2025 is approximately 6.3%, between 2025 and 2026 is roughly 6.7%, between 2026 and 2027 it is around 7.2%, and from 2027 to 2028 it is about 7.4%. The compound annual growth rate (CAGR) over these five years is negative, illustrating a definitive downward trajectory in fuel consumption.
Future trends to watch for:
- Government policies promoting renewable energy could accelerate this decline.
- Technological advancements in fuel efficiency may further lessen traditional fuel usage.
- Potential shifts in consumer behavior and industrial energy requirements.
- Global oil price fluctuations influencing domestic consumption patterns.
