The Netherlands leads the European fuel oil transformation output with 15.56 thousand tonnes of oil equivalent, followed by Germany and Belgium with 10.55 and 10.16 respectively. France and Italy also have significant shares but lower than the top three. Sweden, Greece, and Spain form the mid-tier contributors, with Poland, Portugal, Denmark, and Norway making up the lower end of notable outputs. Smallest contributions come from Iceland, Moldova, and Bosnia and Herzegovina. Significant year-on-year variations include a -32.19% change for Ukraine and -19.67% for the United Kingdom, while Norway showed a positive increase of 3.24%. Over five years, there's been an overall decline in the output, notably in countries like the UK and Ukraine.
Looking ahead, Europe must closely watch how political changes, environmental regulations, and technological advancements affect outputs. Countries with declining outputs like Spain and Greece might face further drops due to stricter environmental policies. Conversely, nations investing in cleaner technologies, such as Norway, may see continued or increased outputs. Additionally, the ongoing geopolitical climate will continue to shape energy outputs, particularly for regions experiencing significant political instability.
Top countries in Fuel Oil Transformation Output Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 15.56 | 2023 | -0.12% | -1.82% | View data |
| 2 | 2 Germany | 10.55 | 2023 | +0.26% | -1.56% | View data |
| 3 | 3 Belgium | 10.16 | 2023 | +6.47% | -3.59% | View data |
| 4 | 4 France | 8.92 | 2023 | +4.93% | +0.1% | View data |
| 5 | 5 Italy | 8.79 | 2023 | -3.56% | -3.12% | View data |
| 6 | 6 Sweden | 8.11 | 2023 | +2.92% | -0.04% | View data |
| 7 | 7 Greece | 7.7 | 2023 | +6.19% | -4.82% | View data |
| 8 | 8 Spain | 6.99 | 2023 | -3.11% | -5.14% | View data |
| 9 | 9 Poland | 4.86 | 2023 | +7.53% | -2.67% | View data |
| 10 | 10 Portugal | 3.56 | 2023 | -0.87% | -2.02% | View data |
