In 2023, Italy's kerosene-type jet fuel refinery output excluding biofuel portion stood at a baseline value. Forecasted figures for the succeeding years show a consistent upward trend: 2.9 Mtoe in 2024, reaching 3.05 Mtoe by 2028. This reflects a modest but steady year-on-year growth of approximately 1.38%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be around 1.34%, indicating stable progress in jet fuel production capacity.

Future Trends to Watch For:

Increasing demand for jet fuel driven by a recovering travel industry post-pandemic, possibly leading to further capacity expansions.
The impact of global and local regulations promoting cleaner fuels or alternative energy sources might influence production dynamics.
Technological advancements in refining processes improving efficiency and productivity.
Potential geopolitical factors affecting crude oil supply chains and pricing, thereby impacting the output indirectly.