The forecast data for natural gas consumption in Italy's chemical and petrochemical sectors from 2024 to 2028 indicates an upward trend, starting with 1.78 million tonnes of oil equivalent (Mtoe) in 2024, and increasing incrementally each year to reach 2.42 Mtoe by 2028. Assuming the actual consumption in 2023 was lower, these numbers reflect growing demand in these industries. Each year on year comparison shows a steady increase, with the compound annual growth rate (CAGR) over the five-year period underlining a consistent upward trajectory.
Future trends to monitor include the impact of technological advancements, regulatory changes promoting sustainability, and market developments influencing the supply and demand dynamics in natural gas consumption in these sectors. These factors could significantly alter the forecasted trajectory.
