The European motor gasoline consumption in the machinery sector showed varied trends across countries in 2023. Italy leads significantly with 202.26 GWh, marking a modest year-on-year increase of 1.98%. Serbia and Bosnia and Herzegovina experienced substantial growth of 36.79% and 24.77%, respectively. Poland and Sweden recorded declines, while Latvia showed exceptional growth, surging by 67.45%. Croatia, Slovenia, and Greece saw declines, particularly Greece with a drop of 26.37%. The latest Compound Annual Growth Rate indicates diverse dynamics, with energy efficiency and regional economic factors playing central roles.
Future trends to watch in European motor gasoline consumption for machinery include:
- Transition to sustainable energy impacting traditional gasoline demand.
- Advancements in machinery technology potentially reducing gasoline dependency.
- Geopolitical and economic factors influencing energy policies.
- Increased emphasis on electrification and renewable energy initiatives.
Top countries in Motor Gasoline (Excluding Biofuel Portion) Final Consumption in Machinery Sector by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 202.26 | 2023 | -0.059% | +1.98% | View data |
| 2 | 2 Serbia | 13.65 | 2023 | +1.67% | +36.79% | View data |
| 3 | 3 Poland | 13.24 | 2023 | +17.8% | -2.61% | View data |
| 4 | 4 Romania | 9.06 | 2023 | -10.74% | +4.09% | View data |
| 5 | 5 Sweden | 5.97 | 2023 | +14.05% | -2.28% | View data |
| 6 | 6 Bosnia and Herzegovina | 1.42 | 2023 | +35.33% | +24.77% | View data |
| 7 | 7 Latvia | 0.65 | 2023 | +47.94% | +67.45% | View data |
| 8 | 8 Croatia | 0.34 | 2023 | 0% | -4.35% | View data |
| 9 | 9 Slovenia | 0.32 | 2023 | +4.19% | -3.1% | View data |
| 10 | 10 Greece | 0.045 | 2023 | +4.65% | -26.37% | View data |
