The forecast for lubricant stock changes in Italy from 2024 to 2028 shows a consistent decline in tonnes of oil equivalent each year. With negative values throughout the forecasted period, the stock change indicates an annual decrease. The reductions are modest, with a year-on-year variation reflecting less than 2.5% for each consecutive period from 2024 to 2028. The compound annual growth rate (CAGR) over the five years is notably downward, underscoring a persistent contraction in stock volumes.
Future trends to monitor include:
- Shifts in industrial activity impacting lubricant demand.
- Regulatory policies influencing lubricant production and imports.
- Technological advancements promoting more efficient lubricant use.