The current landscape of LPG consumption in the European machinery sector shows France as the leader with 25.18 Thousand Tonnes of Oil Equivalent, followed by Italy at 17.76 and Germany at 7.03. Rising trends are observed in countries like Bosnia and Herzegovina (+8.21% YoY), Czech Republic (+7.65%), and Greece (+7.67%). Conversely, Germany sees a significant decline (-8.64%), alongside Portugal (-3.6%) and Slovenia (-4.54%). Over the last five years, certain markets such as Cyprus and Serbia are showing aggressive growth compared to others.
As we look to the future, expectations include greener policies encouraging LPG alternatives. Additionally, technological adaptations in machinery and geopolitical movements will likely influence consumption patterns. Watch for emerging markets harnessing this trend and established countries pursuing sustainability.
Top countries in Liquefied Petroleum Gases Final Consumption in Machinery Sector Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 25.18 | 2023 | +10.13% | +0.12% | View data |
| 2 | 2 Italy | 17.76 | 2023 | +7.46% | +0.77% | View data |
| 3 | 3 Germany | 7.03 | 2023 | -11.43% | -8.64% | View data |
| 4 | 4 Sweden | 6.32 | 2023 | +3.88% | +0.16% | View data |
| 5 | 5 Finland | 6.02 | 2023 | +9.64% | +0.98% | View data |
| 6 | 6 Portugal | 4.77 | 2023 | +0.64% | -3.6% | View data |
| 7 | 7 Poland | 4.12 | 2023 | +0.95% | -0.11% | View data |
| 8 | 8 Austria | 3.94 | 2023 | +1.5% | -2.41% | View data |
| 9 | 9 Bosnia and Herzegovina | 2.82 | 2023 | +9.09% | +8.21% | View data |
| 10 | 10 Denmark | 2.81 | 2023 | 0% | +3.53% | View data |
