The Liquefied Petroleum Gases (LPG) refinery output in Italy showed volatility from 2013 to 2023. The output was 62.94 thousand terajoules in 2023, recovering from a dip in 2018 and 2022. While there were notable declines in 2014, 2015, and 2016, the market rebounded with increases from 2017 and a positive trend continuing towards 2023.
Key variations observed include a significant -21.06% drop in 2014 but recovery with a 9.09% rise in 2017. The most recent trends show a relatively stable performance with minor fluctuations, like a 1.48% rise in 2023.
Looking forward, the forecast indicates a slow yet steady growth, with a CAGR of 1.09% from 2024 to 2028, suggesting a more stabilized market. The key future trends to watch include potential shifts due to regulatory changes, advances in alternative energy sources, and the impact of geopolitical factors on energy supply and demand.
