The analysis of bioenergy final consumption in the wood and wood products sector in Italy shows a positive overall growth trend from 2013 to 2023. The value stood at 2.32 Thousand Gigawatthours in 2023. The sector saw significant fluctuations in year-on-year growth rates, with notable growth periods in 2015 and 2021 and declines in 2019 and 2020. Over the last two years, the sector experienced a moderate increase, reaching a year-on-year growth rate of 2.35% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years was 1.04%, indicating steady and gradual growth.
Future forecasts suggest a continued but slower growth trajectory, with a 5-year CAGR of 1.65% projected from 2024 to 2028, culminating in an 8.51% overall increase. This indicates a stable yet cautious upward trend in bioenergy consumption in the wood and wood products sector.
Future trends to watch for include advancements in bioenergy technology, regulatory impacts, and market demand shifts that could influence consumption patterns. Additionally, monitoring the broader energy transition towards more sustainable sources will be key to understanding long-term dynamics in this sector.