The year 2023 witnessed significant variations in fuel oil consumption across the non-metallic minerals sector in European countries. France led the consumption with 47.63 terajoules, while most countries experienced declines, notable being Italy (-21.67%), Belgium (-21.05%), and Cyprus (-36.72%). Conversely, Germany and Austria saw growth, with Germany increasing by 13.04% and Austria by 12.79%. Countries like Kosovo showed slight growth, while major consumers like France faced an 11% decline. Overall trends indicate a mixed landscape with geographic and economic factors influencing consumption patterns.
Looking ahead, Europe is expected to continue experiencing fluctuations in this sector's energy consumption. Key factors include advancements in energy efficiency, shifts towards renewable sources, and evolving industrial trends. Countries with increasing environmental regulations may reduce oil consumption significantly, while economic recovery in several regions could stabilize or increase demand. Monitoring energy policies and economic conditions will be crucial for forecasting future consumption patterns.
Top countries in Fuel Oil Final Consumption in Non-Metallic Minerals Sector Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 47.63 | 2023 | -17.11% | -11% | View data |
| 2 | 2 Italy | 20.63 | 2023 | -34.98% | -21.67% | View data |
| 3 | 3 Germany | 7.04 | 2023 | +9.19% | +13.04% | View data |
| 4 | 4 Sweden | 4.13 | 2023 | -5.78% | -0.88% | View data |
| 5 | 5 Belgium | 2.91 | 2023 | -37.37% | -21.05% | View data |
| 6 | 6 Cyprus | 2.34 | 2023 | -62.94% | -36.72% | View data |
| 7 | 7 Spain | 2.28 | 2021 | -5.66% | -2.61% | View data |
| 8 | 8 Serbia | 1.77 | 2023 | +6.86% | -0.68% | View data |
| 9 | 9 Greece | 1.73 | 2023 | -39.86% | -2.78% | View data |
| 10 | 10 Czech Republic | 1.63 | 2023 | +5.84% | -4.6% | View data |
