Key Market Indicators
Israel's energy consumption is projected to reach 1.1 exajoules by 2026, a 0.7% year-on-year growth from 2021's 1.05 exajoules. Since 1970, the rate of demand growth has remained at 0.7% year-on-year. In 2021, Israel was ranked 56th in the world, with Switzerland overtaking them with 1.05 exajoules. The United States, India and Russia respectively held the 2nd, 3rd and 4th spots in the ranking. Meanwhile, Israel's energy supply is set to reach 20.43 million tonnes of oil equivalent by 2026, a 0.2% year-on-year decline from 2021's 20.12 million tonnes. Since 1976, the rate of supply growth has been in decline at 1.7% year-on-year. In 2021, Israel was ranked 65th in the world, with Libya overtaking them with 20.12 million tonnes. The United States, India and Russia respectively held the 2nd, 3rd and 4th spots in the ranking.
Israel Energy & Environment Market Data and Forecasts
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