In 2023, Italy's consumption of petroleum coke in the industry sector was recorded at a similar level to recent forecast trends. The years 2024 to 2028 show a stable and slight upward trend, indicating moderate growth. From 2024 onwards, consumption is expected to increase slightly each year, with no significant deviations, showing a consistent demand in the industry.
While short-term fluctuations seem negligible, over the five-year period from 2023 to 2028, this trend represents an average annual growth rate (CAGR) that is positive, albeit modest.
Future trends to watch include:
- Potential shifts in energy regulations that may impact petroleum coke consumption.
- Technological advancements in alternative energy sources that could alter long-term demand.
- Changes in industrial activity levels in sectors heavily reliant on petroleum coke.