Key Market Indicators
Ukraine's energy consumption is projected to climb to approximately 2.4 exajoules by 2028, up from 2.35 exajoules in 2023. This marks an average annual growth rate of 0.5%. Historically, Ukraine's energy demand has seen a significant decline, averaging an 8.4% year-on-year decrease since 1990. In the global rankings for 2023, Ukraine was positioned at number 34, with Belgium surpassing it by consuming around 2.35 exajoules. Leading the energy consumption chart are the United States, India, and Russia, which hold the second, third, and fourth positions, respectively.
