In 2023, Norway dominated European LPG exports with 6.13 million tonnes, despite a 2.6% decrease from the previous year. The Netherlands and Belgium followed, with Belgium experiencing a notable 6.69% increase. Conversely, countries like Latvia and Slovakia saw significant declines, of 13.92% and 34.58%, respectively. Other countries like Italy showed strong growth at 9.14% while Germany's exports rose by 9.61%. The CAGR trends over the last five years indicate Norway's strong position, although slight declines are observed in some regions.
Future trends worth monitoring include the potential growth of Eastern European countries like Ukraine and Estonia, which showed increases of 14.59% and 17.14%, respectively. Additionally, the significant rise in Bosnia and Herzegovina by 93.35% suggests increasing activity in lesser-exporting countries. Close attention should be paid to geopolitical developments and global energy demands, which could greatly impact LPG export dynamics in Europe.
Top countries in Liquefied Petroleum Gases Exports by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 6,130 | 2023 | +2.2% | -2.6% | View data |
| 2 | 2 Netherlands | 2,510 | 2023 | +5.16% | +1.43% | View data |
| 3 | 3 Belgium | 1,020 | 2023 | +1.63% | +6.69% | View data |
| 4 | 4 United Kingdom | 947.72 | 2023 | -0.62% | -0.17% | View data |
| 5 | 5 France | 939.33 | 2023 | -2.64% | -4.14% | View data |
| 6 | 6 Sweden | 763.06 | 2023 | +2.47% | +3.83% | View data |
| 7 | 7 Poland | 707.13 | 2023 | +16.74% | +3.37% | View data |
| 8 | 8 Spain | 645.83 | 2023 | +6.47% | +3.82% | View data |
| 9 | 9 Italy | 386.41 | 2023 | +0.15% | +9.14% | View data |
| 10 | 10 Greece | 375.04 | 2023 | +1.56% | +0.56% | View data |
