In 2023, notable variations in direct transfer values were seen, with Canada (130.5%), Lithuania (76.81%), and the United States (18.14%) experiencing significant growth. Conversely, Japan (-38.38%), Russia (-6.78%), and Australia (-5.93%) showed notable declines. Mexico remained stable at 0.0%. Over the last five years, the compound annual growth rate (CAGR) suggests that volatility within this sector is pronounced, with country-specific factors playing a significant role in this variability.
Future trends to watch for include shifts in geopolitical dynamics, technological advancements in natural gas extraction and distribution, and evolving environmental policies that may impact consumption and transfer values. Additionally, the transition towards renewable energy sources may influence natural gas markets globally.
Top countries in Direct Transfer on Natural Gas for General Services by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 1,460 | 2023 | +29.5% | View data | |
| 2 | 2 Canada | 876.84 | 2023 | +23.18% | +130.5% | View data |
| 3 | 3 Argentina | 232.95 | 2023 | +18.22% | -0.97% | View data |
| 4 | 4 Lithuania | 167.04 | 2023 | +59.7% | +76.81% | View data |
| 5 | 5 United States | 97.8 | 2023 | +1.25% | +18.14% | View data |
| 6 | 6 Colombia | 68.9 | 2023 | +5.78% | +15.41% | View data |
| 7 | 7 Russia | 57.12 | 2023 | +1.7% | -6.78% | View data |
| 8 | 8 Italy | 45.8 | 2023 | -0.72% | -0.68% | View data |
| 9 | 9 Norway | 42.08 | 2023 | +0.29% | +3.87% | View data |
| 10 | 10 China | 41.82 | 2023 | +4.26% | +5.95% | View data |
