In 2023, the actual refinery output of motor gasoline in Italy was at a stable level before the forecasted decrease begins. From 2024 to 2028, a steady decline is noted in the refinery output from 16.52 to 16.11 Million Tonnes Of Oil Equivalent, indicating a minor yearly decrease. The year-on-year variation reflects this downward trend with small but consistent percentage reductions. The compounded annual growth rate (CAGR) over the forecasted period is negative, showing an average decrease each year.
Future trends to watch for include advancements in alternative energy sources and shifts in domestic and European energy policies, impacting demand and refining capabilities. Moreover, technological improvements in vehicle efficiency might reduce gasoline consumption, affecting refinery production levels.
