In 2023, Italy's liquefied petroleum gases (LPG) refinery output was at 1.40 million tonnes of oil equivalent. Forecasts suggest a gradual increase: 1.45 in 2024, 1.46 annually from 2025 to 2027, and 1.47 in 2028. The year-on-year growth is minimal, illustrating a relative stability, with a compound annual growth rate (CAGR) of approximately 1% over five years.
Future trends to watch for include:
- Technological advancements in refinery processes which may enhance efficiency and output.
- Potential policy changes in renewable energy which could impact LPG demand and production.
- Supply chain disruptions due to geopolitical factors that could affect output capacity.