Forecast: Fuel Oil Final Consumption in Non-Metallic Minerals Sector in Italy

The forecasted consumption of fuel oil in Italy's non-metallic minerals sector shows a consistent downward trend from 2024 to 2028. Beginning at 61.95 thousand tonnes of oil equivalent in 2024, the forecast anticipates a sharp decline to just 3.06 thousand tonnes by 2028. This represents year-on-year decreases of approximately 24.6% in 2025, 31.9% in 2026, 45.7% in 2027, and finally 82.3% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is negative, clearly indicating a strong shift away from reliance on fuel oil within this sector.

Future trends to monitor include the potential impact of increased environmental policies, efforts to improve energy efficiency, and the adoption of alternative and renewable energy sources. These factors are likely to drive the observed reduction and may further accelerate the decline in fuel oil consumption within the non-metallic minerals industry in Italy.

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