Key Market Indicators
New Zealand's energy consumption is expected to reach nearly 900 petajoules by 2026, unchanged from 2021. Since 1970, energy demand has dropped by 1.7% each year. In 2021, New Zealand came in at 60th place, overtaken by Morocco at 840 petajoules. The United States, India, and Russia came in at 2nd, 3rd, and 4th place respectively. New Zealand's energy supply is set to reach 20 million tonnes of oil equivalent by 2026, a 0.3% annual growth rate from 2021. Since 1965, supply has decreased by 0.9% each year. In 2021, the country was 68th in the ranking, overtaken by Sudan at 19.2 million tonnes of oil equivalent. The United States, India, and Russia were in the top four spots.
