According to the forecasted data for 2023 and variations recorded year-on-year, Denmark (30.59) and Germany (30.24) are the leaders, showcasing growth variations of 1.54% and 0.87% respectively. Greece (11.05) demonstrated significant growth at 3.29%. Italy (7.69) and Spain (0.34) also show positive fluctuations at 2.37% and 0.92%. Several countries such as Norway (10.43) and United Kingdom (4.13) indicate negative trends at -0.44% and -4.5% respectively. Notable declines are seen in France (-7.22%) and Iceland (-6.55%).
Future trends will be influenced by environmental regulations, technological advancement in marine fuels, and geopolitical factors. The industry's push towards greener fuel alternatives and sustainability targets will significantly shape the trends in marine fuel inputs in the coming years.
Top countries in Marine Fuel Direct Material Inputs Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 30.59 | 2023 | +5.19% | +1.54% | View data |
| 2 | 2 Germany | 30.24 | 2023 | +8.57% | +0.87% | View data |
| 3 | 3 Greece | 11.05 | 2023 | +4.01% | +3.29% | View data |
| 4 | 4 Norway | 10.43 | 2023 | +0.41% | -0.44% | View data |
| 5 | 5 Italy | 7.69 | 2023 | +5.49% | +2.37% | View data |
| 6 | 6 United Kingdom | 4.13 | 2023 | -6.59% | -4.5% | View data |
| 7 | 7 Belgium | 1.13 | 2023 | +1.01% | -3.07% | View data |
| 8 | 8 Finland | 0.97 | 2023 | +4.84% | -2% | View data |
| 9 | 9 France | 0.95 | 2023 | -3.74% | -7.22% | View data |
| 10 | 10 Spain | 0.34 | 2023 | -1.38% | +0.92% | View data |
