Natural gas production in Italy has consistently declined from 2013 to 2023, registering a value of 133.52 Thousand Terajoules in 2023. The year-on-year variation highlights significant declines, with a brief increase of 32% in 2022 following a sharp decrease of over 20% in 2021. Over the last five years, from 2018 to 2023, the average annual decrease (CAGR) settled at -6.50%. Future forecasts from 2024 to 2028 show a steep decline with a forecasted 5-year CAGR of -13.16% and an overall drop of more than 50% by 2028.
Future trends to watch for include potential technological advancements impacting extraction efficiency, regulatory changes in environmental policies, shifts in Italy's energy consumption patterns, and international market dynamics influencing domestic production.
