The final consumption of gas oil and diesel oil in Italy's fishing sector, excluding biofuel, was projected at 6.05 thousand Terajoules in 2024, following a consumption level at 6.14 thousand Terajoules in 2023. The forecasted data indicates a consistent year-on-year decline: 1.65% drop from 2024 to 2025, 1.51% from 2025 to 2026, 1.53% from 2026 to 2027, and 1.56% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period reflects a negative trend, signaling a decrease in fuel consumption.
Future trends to watch include:
- Adoption of sustainable fishing practices and alternative fuels.
- Regulatory changes affecting fuel use and costs in the sector.
- Technological advancements improving fuel efficiency.
- Economic factors impacting the fishing industry’s operational dynamics.
