The forecast for Italy's lubricants gross inland consumption from 2024 to 2028 indicates a decreasing trend. Starting with a volume of -503,040 Tonnes Of Oil Equivalent in 2024, it decreases steadily by about 0.5% each year to reach -494,180 in 2028. This signifies a continued decline in consumption when compared to the previous year-on-year percentage changes. From 2023, which stood at -505,290, the five-year CAGR is negative, signifying a consistent reduction in the consumption levels over the years.
Looking forward, key trends to monitor include advancements in energy efficiency, shifts towards alternative energy sources, and regulatory changes that might affect demand. Innovations in automotive technology and industrial processes could further influence the lubricants consumption landscape.
