European Natural Gas Liquids Energy Import Dependency Ratio by Country

In 2023, the dependency ratio for European countries on Natural Gas Liquids (NGL) imports varied significantly. France led with a dependency of 108.15%, indicating a higher reliance on imports than domestic production. Conversely, countries like the United Kingdom and Romania showed negative values at -6.92% and -30.05%, respectively, signifying net exporters. A noticeable drop in dependency was seen in Serbia at 45.22%. Conversely, Finland and Montenegro both reported complete dependence at 100%. Minimal fluctuations over the last two years indicate stability, with the five-year CAGR offering insights into longer-term trends.

For future perspectives, developments like greater investment in renewable energy infrastructure, energy efficiency improvements, and policy changes could alter these ratios. Watch for major geopolitical shifts impacting energy supply chains and market dynamics that could redefine each country's import dependency levels.