The fuel oil final consumption in Italy's textile and leather sector is forecast to decline moderately from 2024 to 2028. The data indicates a gradual decrease, starting from 15.05 thousand tonnes of oil equivalent in 2024 to 14.87 thousand tonnes in 2028. This represents a compound annual growth rate (CAGR) of approximately -0.92% over this period. Compared to 2023, where consumption was higher, this trend highlights a slight but steady reduction in fuel oil dependency.
Future trends to watch for in this sector include:
- The impact of technological advancements that may enhance energy efficiency.
- Policy shifts towards greener energy sources which could further decrease fuel oil consumption.
- Potential economic and regulatory changes influencing production processes in the textile and leather industries.