Key Market Indicators
Czech Energy Consumption is projected to remain steady at approximately 1.67 exajoules by 2028, unchanged from 2023 levels. This indicates a zero percent compound annual growth rate (CAGR). Historically, since 1970, Czech energy demand has decreased by 1% annually. In 2023, the Czech Republic ranked 46th globally in energy consumption. Turkmenistan surpassed the Czech Republic, also recording 1.67 exajoules. The top three countries in this ranking were the United States, India, and Russia, occupying the second, third, and fourth positions respectively. On the supply side, Czech Energy Supply is expected to decline marginally to 39.8 million tonnes of oil equivalent by 2028, down from 40.2 million tonnes in 2023. This reflects an annual decrease of 0.2% CAGR. Since 1976, the country's energy supply has diminished by 1.5% per year. In the 2023 rankings for energy supply, the Czech Republic held the 10th position. Qatar surpassed the Czech Republic with a supply figure also standing at 40.2 million tonnes of oil equivalent. The leading nations in this category were France, Saudi Arabia, and the United Kingdom, holding the second, third, and fourth spots respectively.
