Turey's electricity final consumption in the food, beverages and tobacco sectors has shown significant growth over the past decade. From 2013 to 2023, the consumption increased consistently, peaking in 2023 with a notable year-on-year variation of 3.92%. Over the last two years (2022-2023), the variation was stable, suggesting a steady growth pattern. The last 5-year CAGR (2018-2023) stands at 5.77%, indicating considerable expansion within the sector.
Forecasts for the coming years depict a continued upward trend, albeit at a slower pace. By 2028, the predicted 5-year CAGR is 2.66%, reflecting a moderate growth rate. Despite this deceleration, the overall 5-year growth rate is projected to be 14.03% by 2028.
Future trends to watch for:
- Technological advancements aimed at energy efficiency
- Potential regulatory changes impacting energy consumption
- Market dynamics and shifts in consumer preferences within the food, beverages, and tobacco sectors
- Impact of global economic conditions on energy demand
