Germany leads the European chemical and petrochemical sector's final natural gas consumption with 26.11 Terajoules, growing slightly by 0.6% in 2023. France and Spain follow, with France's consumption slightly declining and Spain increasing by 1.55%. Notably, Italy experienced significant growth at 11.43%, while the UK saw a decrease of 2.73%. Poland and Czech Republic also showed positive trends with 4.07% and 5.99% increments, respectively. Romania and Hungary faced declines of 7.5% and 4.0%. Eastern European countries like Latvia and Macedonia showed extreme variation trends, with Macedonia growing by 18.6%.
Looking ahead, the European chemical and petrochemical sector may face shifts due to energy policies and decarbonization efforts. Factors to monitor include regional energy security, shifts to renewable energy sources, technological advancements in energy efficiency, and regulatory changes. Countries with substantial dependence on natural gas might explore diversification strategies, impacting future consumption patterns.
Top countries in Chemical and Petrochemical Sector Final Consumption of Natural Gas Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.11 | 2023 | +0.76% | +0.6% | View data |
| 2 | 2 France | 14.48 | 2023 | +0.8% | -0.25% | View data |
| 3 | 3 Spain | 12.79 | 2023 | +2.01% | +1.55% | View data |
| 4 | 4 Netherlands | 10.08 | 2023 | +1.56% | +2.01% | View data |
| 5 | 5 Italy | 7.6 | 2023 | +11.36% | +11.43% | View data |
| 6 | 6 Belgium | 6.76 | 2023 | +0.76% | +0.96% | View data |
| 7 | 7 United Kingdom | 6.43 | 2023 | -2.74% | -2.73% | View data |
| 8 | 8 Austria | 2.31 | 2023 | +1.62% | +2.28% | View data |
| 9 | 9 Poland | 2.08 | 2023 | +2.01% | +4.07% | View data |
| 10 | 10 Romania | 1.86 | 2023 | -34.83% | -7.5% | View data |
