The United Kingdom leads global support for natural gas at $6.12 billion, followed by China and Ukraine, with significant increases recently. In 2023, China and Indonesia saw notable growth at 6.88% and 31.59%, respectively, while Mexico had the most dramatic increase at 103.22%. Conversely, the United States and Brazil experienced declines, with the U.S. down 11.7%. Countries like Denmark (+36.25%) and Switzerland (+8.1%) saw substantial increases, whereas Sweden and Belarus witnessed steep declines, 15.95% and 33.63% respectively.
Future trends may see shifts as nations balance economic growth, energy transition objectives, and geopolitical considerations, impacting their natural gas support levels. Significant future trends to watch include the global push for renewable energy adoption and declining fossil fuel reliance, which could alter natural gas support dynamics worldwide, and potential policy shifts as more countries commit to carbon neutrality.
Top countries in Total Support on Natural Gas for All Beneficiaries or Sectors by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 6,120 | 2023 | -0.29% | +1.67% | View data |
| 2 | 2 China | 2,590 | 2023 | +3.33% | +6.88% | View data |
| 3 | 3 Ukraine | 2,390 | 2023 | +3.46% | +1.07% | View data |
| 4 | 4 Italy | 1,830 | 2023 | +10.07% | +5.7% | View data |
| 5 | 5 Mexico | 1,790 | 2023 | +18.6% | +103.22% | View data |
| 6 | 6 Argentina | 1,790 | 2023 | +16.87% | +0.77% | View data |
| 7 | 7 United States | 1,350 | 2023 | -13.69% | -11.7% | View data |
| 8 | 8 France | 1,320 | 2023 | +5.47% | +2.38% | View data |
| 9 | 9 Japan | 1,060 | 2023 | +1.18% | +6.87% | View data |
| 10 | 10 Brazil | 964.28 | 2023 | -10.65% | -10.63% | View data |
