Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Final Consumption in Iron and Steel Sectors in Italy

In 2023, the final consumption of gas oil and diesel oil, excluding biofuel, for Italy's iron and steel sectors is unknown. From 2024, forecasts suggest a steady increase, with consumption rising from 211.32 gigawatt-hours in 2024 to 229.67 gigawatt-hours in 2028. This indicates a consistent annual rise, driven by a projected expansion in industrial activities.

Year-on-year growth percentages reflect moderate increments. When analyzed over a five-year period, the compound annual growth rate (CAGR) further underscores this gradual upward trend.

Future trends to watch:

  • Potential shifts in energy sources due to regulatory pressures and sustainability goals.
  • Technological advancements reducing dependency on conventional fuels.
  • Economic factors influencing industrial activity and fuel demand.

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