In 2023, Italy, Greece, and France led European fuel oil consumption in the food, beverages, and tobacco sectors, with a notable decline across key economies. Italy experienced an 18.86% decrease, while France saw a 22.34% drop. Greece’s dip was milder at 2.66%. The Czech Republic and Montenegro showed significant growth, with 24.2% and 13.25% increases, respectively. Notable reductions were seen in Spain (9.61%), Portugal (17.75%), and Denmark (47.94%). Longer-term trends reveal a shift away from fuel oil reliance as industries pivot towards sustainable energies.
Future trends to monitor include the accelerated transition to renewable energy sources, regulatory changes influencing fuel choices, and innovations in energy efficiency. These factors will likely reshape the consumption landscape in Europe’s food, beverages, and tobacco sectors.
Top countries in Fuel Oil Final Consumption in Food, Beverages and Tobacco Sectors by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 71.95 | 2023 | -8.69% | -18.86% | View data |
| 2 | 2 Greece | 66.95 | 2023 | -4.86% | -2.66% | View data |
| 3 | 3 France | 55.39 | 2023 | -64.36% | -22.34% | View data |
| 4 | 4 Spain | 32.75 | 2023 | -17.52% | -9.61% | View data |
| 5 | 5 Portugal | 25.17 | 2023 | -28.32% | -17.75% | View data |
| 6 | 6 Ireland | 16.45 | 2023 | -2.61% | -7.54% | View data |
| 7 | 7 Serbia | 10.37 | 2023 | +12.04% | +4.29% | View data |
| 8 | 8 Poland | 10.25 | 2023 | +5.1% | -2.75% | View data |
| 9 | 9 Cyprus | 9.84 | 2023 | +2.8% | -0.85% | View data |
| 10 | 10 Germany | 9.64 | 2021 | -33.33% | +2.13% | View data |
