In 2023, Germany led the European crude oil energy supply, contributing the highest share at 14.04 Gigawatthours. Spain and Italy followed with significant shares at 11.64 and 11.19 Gigawatthours, respectively. The United Kingdom and France saw a notable decrease in shares by 1.95% and 3.12% year-on-year, whereas Bulgaria and Ukraine marked increases of 1.49% and 10.39%, highlighting regional disparities. Overall, larger economies like Germany, Spain, and Italy continued to dominate the energy supply landscape, though countries like Portugal and Bosnia and Herzegovina experienced substantial declines.
Future trends to watch:
- Shift towards renewable energy sources across Europe may decrease dependency on crude oil.
- Potential geopolitical factors impacting energy imports and exports, especially amidst changing EU regulations.
- Technological advancements expanding alternative energy investments, influencing energy supply dynamics.
Top countries in Crude Oil Energy Supply Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14.04 | 2023 | -1.42% | -1.49% | View data |
| 2 | 2 Spain | 11.64 | 2023 | +4.66% | -0.03% | View data |
| 3 | 3 Italy | 11.19 | 2023 | +2.51% | -0.34% | View data |
| 4 | 4 Netherlands | 9.92 | 2023 | +2.99% | +0.83% | View data |
| 5 | 5 United Kingdom | 8.21 | 2023 | -2.5% | -1.95% | View data |
| 6 | 6 France | 7.99 | 2023 | +2.64% | -3.12% | View data |
| 7 | 7 Belgium | 5.88 | 2023 | +4.94% | +0.81% | View data |
| 8 | 8 Poland | 4.45 | 2023 | +1.35% | -0.82% | View data |
| 9 | 9 Greece | 4.13 | 2023 | +1.77% | +0.13% | View data |
| 10 | 10 Sweden | 3.04 | 2023 | -0.91% | -2.47% | View data |
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