In 2023, the Italian fishing sector's final consumption of renewables and biofuels stood at 412. The forecast indicates a steady year-on-year increase: 2.91% in 2024, followed by 2.85% in 2025, 2.72% in 2026, 2.6% in 2027, and 2.49% in 2028. Over the five-year forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is expected to be approximately 2.71%.
Future trends to watch for include:
- Technological advancements in renewable energy sources and biofuels.
- Government policies promoting sustainability in the fishing sector.
- Potential shifts in energy consumption patterns due to climate change impacts.
- Innovation in biofuel production enhancing efficiency.
