In 2023, Germany led the EU's crude oil consumption at 14.08%, followed by Spain, Italy, and the Netherlands, at 11.67%, 11.22%, and 9.94% respectively. Notably, Ukraine showed a significant year-on-year increase of 10.39%, contrasting with major decreases in France and Portugal at -3.33% and -5.27%. Over five years, certain countries like Albania (2.63%) showed resilience, while Bosnia and Herzegovina (-34.34%) and Moldova (-19.3%) saw steep declines.
Future trends indicate a continued decline in larger markets like Germany and the UK. However, environmental policies and green energy investments will likely reshape these shares, emphasizing renewable over fossil fuels. Watch for policy shifts and regional collaborations affecting oil consumption dynamics in Europe.
Top countries in Crude Oil Gross Inland Consumption Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14.08 | 2023 | -1.42% | -1.49% | View data |
| 2 | 2 Spain | 11.67 | 2023 | +4.66% | -0.03% | View data |
| 3 | 3 Italy | 11.22 | 2023 | +2.51% | -0.34% | View data |
| 4 | 4 Netherlands | 9.94 | 2023 | +2.99% | +0.83% | View data |
| 5 | 5 United Kingdom | 8.23 | 2023 | -2.5% | -1.95% | View data |
| 6 | 6 France | 7.93 | 2023 | +2.25% | -3.33% | View data |
| 7 | 7 Belgium | 5.9 | 2023 | +4.94% | +0.81% | View data |
| 8 | 8 Poland | 4.47 | 2023 | +1.29% | -0.85% | View data |
| 9 | 9 Greece | 4.07 | 2023 | +1.18% | -0.2% | View data |
| 10 | 10 Sweden | 3.04 | 2023 | -0.91% | -2.47% | View data |
