In 2023, Italy significantly leads in the Global Direct Transfer on Natural Gas for Electricity Generation with a value of $1.19 billion. Ukraine follows with $0.22031 billion, while Latvia, Slovenia, Poland, and Belarus exhibit lower values. Over the last year, Italy showed a growth of 5.7%, while Ukraine saw no change. Latvia and Slovenia recorded slight declines, with -2.85% and -0.15% respectively. Poland and Belarus experienced significant drops, with Poland at -12.94% and Belarus at -54.33%. Over the last five years, the CAGR indicates modest annual variations across these countries.
Future trends to watch for:
- Impact of geopolitical developments on supply chains and gas prices.
- Shift towards renewable energy sources affecting natural gas consumption.
- Technological advancements in energy efficiency and electricity generation.
- National policies and regulatory changes influencing market dynamics.
Top countries in Direct Transfer on Natural Gas for Electricity Generation by Country
| # | 6 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,190 | 2023 | +12.24% | +5.7% | View data |
| 2 | 2 Ukraine | 220.31 | 2023 | -3.02% | View data | |
| 3 | 3 Latvia | 58.17 | 2023 | +2.03% | -2.85% | View data |
| 4 | 4 Slovenia | 33.78 | 2023 | +1% | -0.15% | View data |
| 5 | 5 Poland | 4.27 | 2023 | -23.12% | -12.94% | View data |
| 6 | 6 Belarus | 1.11 | 2023 | -76.61% | -54.33% | View data |