In 2023, the final consumption of renewables and biofuels in Italy's wood and wood products sector stood below the forecasted 2024 level of 7.19 thousand terajoules. The forecast indicates a steady increase, with expected values of 7.35, 7.5, 7.65, and 7.79 thousand terajoules from 2025 to 2028. This shows a persistent upward trend, reflecting a year-on-year growth rate of approximately 2.2% from 2024 to 2028. The CAGR for this period is approximately 2.1%, highlighting consistent growth over the five-year projection.
Future trends to watch for include advancements in renewable energy technology, potential policy changes towards more sustainable practices, and economic factors that may influence energy consumption patterns within the sector. Monitoring these areas will provide further insights into the evolution of energy sources in Italy's wood and wood products industry.
