The fuel oil consumption in Italy's non-ferrous metal sector is projected to witness a steady increase from 2024 to 2028, starting from 45.06 thousand tonnes of oil equivalent in 2024 to 46.64 thousand tonnes by 2028. Year-on-year, the growth remains moderate, suggesting a stable demand within the sector. While growth trends are forecasted to be consistent, they indicate a gradual annual compound growth rate (CAGR).
The sector, compared to 2023 levels, is expected to maintain a slight upward trajectory, pointing to a sustained need for fuel oil influenced by industry needs and external factors like regulatory shifts. Monitoring advancements in energy efficiencies and potential alternative energy sources will be crucial in assessing future consumption patterns, as these factors could alter forecasted trends significantly.
