In 2023, France was the largest consumer of fuel oil in the non-metallic minerals sector across Europe, recording a consumption of 47.63 thousand tonnes of oil equivalent despite a significant decline of 14.17% from the previous year. Italy and Germany followed, with Italy experiencing a similar decrease of 14.15%, while Germany managed an increase of 12.18%. Sweden saw minimal growth, and Belgium witnessed a drastic reduction of 27.25%. Emerging markets such as Austria and Portugal experienced growth, with increases of 11.19% and 11.33%, respectively, while Greece had the most notable decrease of 35.22%.
Future trends in Europe's fuel oil consumption in the non-metallic minerals sector may be influenced by energy transition policies and green initiatives aimed at reducing fossil fuel dependency. As such, countries are expected to explore alternative energy sources and technologies to reduce environmental impacts, potentially decreasing the fuel oil share in the coming years. Monitoring these shifts will be vital for understanding the evolving landscape and its economic and environmental implications. Key players like France, Italy, and Germany will be crucial in shaping this transition.
Top countries in Fuel Oil Final Consumption in Non-Metallic Minerals Sector Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 47.63 | 2023 | -26.05% | -14.17% | View data |
| 2 | 2 Italy | 20.62 | 2023 | -12.9% | -14.15% | View data |
| 3 | 3 Germany | 7.04 | 2023 | +6.45% | +12.18% | View data |
| 4 | 4 Sweden | 4.13 | 2023 | -0.46% | +1.61% | View data |
| 5 | 5 Belgium | 2.91 | 2023 | -52.83% | -27.25% | View data |
| 6 | 6 Cyprus | 2.34 | 2021 | -6.36% | +4.64% | View data |
| 7 | 7 Spain | 2.28 | 2023 | -37.18% | -13.45% | View data |
| 8 | 8 Serbia | 1.77 | 2023 | +7.69% | +0.039% | View data |
| 9 | 9 Greece | 1.73 | 2023 | -89.38% | -35.22% | View data |
| 10 | 10 Czech Republic | 1.63 | 2023 | +0.33% | -7.01% | View data |
