Norway leads in European Natural Gas Liquids consumption, with a slight decline of nearly 6% year-on-year, yet still significantly ahead of the Netherlands and the UK. The Netherlands and the UK also show moderate declines. France and Finland witness significant decreases, while Ukraine and Serbia show positive growth. The last five-year CAGR indicates fluctuating consumption trends with minor growth in Ukraine and Romania. Montenegro, despite its small share, exhibits notable growth. Belgium's and Austria's declines are substantial. Overall, consumption in 2023 is varied with some emerging markets showing resilience.
Looking forward, industrial demand shifts, geopolitical influences, and energy transition policies in Europe could significantly shape future consumption trends. Monitoring technological advancements in cleaner alternatives and the impact of potential new regulations will be crucial for understanding future changes in the natural gas liquids market.
Top countries in Natural Gas Liquids Gross Inland Consumption by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 323,300 | 2023 | -2.12% | -5.9% | View data |
| 2 | 2 Netherlands | 200,670 | 2023 | -6.07% | -5.58% | View data |
| 3 | 3 United Kingdom | 117,100 | 2023 | -2.59% | -2.48% | View data |
| 4 | 4 Ukraine | 30,870 | 2023 | -0.67% | +0.79% | View data |
| 5 | 5 Finland | 30,290 | 2023 | +7.01% | -10.36% | View data |
| 6 | 6 France | 6,370 | 2023 | +12.1% | -14.64% | View data |
| 7 | 7 Hungary | 5,970 | 2023 | -11.07% | -9.84% | View data |
| 8 | 8 Romania | 4,030 | 2023 | -2.97% | +1.77% | View data |
| 9 | 9 Serbia | 2,900 | 2023 | +4.51% | +11.66% | View data |
| 10 | 10 Croatia | 2,100 | 2023 | -4.36% | -4.15% | View data |
