In 2023, France led the European market for Liquefied Petroleum Gases (LPG) available for final consumption, followed closely by Italy and Germany. Ukraine experienced the highest year-on-year growth, while the Netherlands and Norway saw significant declines. The market stability was hampered by a mixture of modest growth and contractions across various countries. Poland, Portugal, and Albania showed promising increases, reflecting potential demand surges. Over the past five years, the market exhibited modest growth, with certain countries experiencing varied year-on-year volatility.
Looking ahead, key trends to monitor include the impact of environmental policies on LPG consumption and the potential for renewable energy sources to affect demand. Noteworthy is the potential for technological advancements to reshape LPG usage efficiencies and distribution across Europe. Monitoring geopolitical developments and their influence on energy imports and prices will be crucial for future market dynamics.
Top countries in Liquefied Petroleum Gases Available for Final Consumption by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 158,080 | 2023 | +3.64% | +0.73% | View data |
| 2 | 2 Italy | 147,360 | 2023 | -0.26% | +0.3% | View data |
| 3 | 3 Germany | 139,270 | 2023 | +0.88% | +0.38% | View data |
| 4 | 4 United Kingdom | 134,360 | 2023 | +0.19% | +0.26% | View data |
| 5 | 5 Poland | 131,830 | 2023 | +5.75% | +2.23% | View data |
| 6 | 6 Spain | 114,240 | 2023 | +2.69% | -1.92% | View data |
| 7 | 7 Belgium | 112,890 | 2023 | +2.4% | +1.53% | View data |
| 8 | 8 Ukraine | 101,820 | 2023 | +5.87% | +5.35% | View data |
| 9 | 9 Netherlands | 72,120 | 2023 | -1.57% | -5.92% | View data |
| 10 | 10 Sweden | 48,510 | 2023 | +9.5% | +0.44% | View data |
