The 2024 forecast for European gas and diesel oil stocks reveals significant variances among countries. France leads with 10.38 million metric tons, demonstrating a slight positive change, contrasting with Germany's decline. Spain and Bulgaria observed reductions, while notable increases are evident in the Netherlands and Sweden. Central and Eastern European countries such as Poland and Romania showed stable growth. Countries like Norway and Serbia face declines, while burgeoning smaller economies like Croatia and Macedonia displayed robust growth. Notably, Montenegro records a sharp contraction.
Future trends to watch include potential stock increases driven by increasing energy demands in Northern and Eastern Europe, alongside geopolitical influences impacting supply and pricing dynamics. Enhanced green energy transitions may also gradually alter demand patterns, impacting traditional fossil fuel reserves and stock management strategies across the continent.
Top countries in Gas Oil and Diesel Oil Closing Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 10,380 | 2023 | +0.85% | +1.08% | View data |
| 2 | 2 Germany | 8,120 | 2023 | -1.08% | -1.37% | View data |
| 3 | 3 Spain | 5,440 | 2023 | -0.31% | -1.56% | View data |
| 4 | 4 Italy | 3,480 | 2023 | -0.78% | +0.52% | View data |
| 5 | 5 Netherlands | 3,360 | 2023 | -0.03% | +6.21% | View data |
| 6 | 6 Poland | 2,800 | 2023 | +3.67% | +3.86% | View data |
| 7 | 7 Belgium | 2,580 | 2023 | +1.38% | +4.52% | View data |
| 8 | 8 Finland | 2,370 | 2023 | +1.85% | +2.03% | View data |
| 9 | 9 United Kingdom | 2,260 | 2023 | +0.98% | +1.76% | View data |
| 10 | 10 Sweden | 1,720 | 2023 | +0.62% | +7.26% | View data |
