In 2023, the European natural gas liquids market revealed distinct consumption trends across countries. Norway led with 7.72 MTOE, but observed a 5.9% decline. The Netherlands followed at 4.79 MTOE, experiencing a 5.58% decrease. The UK and others like Finland also declined. Conversely, Croatia and Austria saw increases, with Austria noted for a significant 16.74% rise. Some countries faced steep drops, like France, which declined by 14.64%, and Belgium by 40.51%. Overall, stable or increased consumption in select countries, alongside general declines, painted a mixed picture. Future trends indicate increased focus on energy transition and sustainability.
Future Trends to Watch:
- Renewable energy integration's impact on consumption patterns.
- Policy changes driving greener energy transitions.
- Technological advancements enhancing energy efficiency.
- Geopolitical factors influencing supply and demand.
Top countries in Natural Gas Liquids Gross Inland Consumption by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 7,720 | 2023 | -2.12% | -5.9% | View data |
| 2 | 2 Netherlands | 4,790 | 2023 | -6.07% | -5.58% | View data |
| 3 | 3 United Kingdom | 2,800 | 2023 | -2.59% | -2.48% | View data |
| 4 | 4 Ukraine | 735.22 | 2023 | -0.76% | +0.73% | View data |
| 5 | 5 Finland | 660.03 | 2023 | +2.02% | -11.98% | View data |
| 6 | 6 Hungary | 183.84 | 2023 | +1.1% | -5.14% | View data |
| 7 | 7 France | 152.07 | 2023 | +12.1% | -14.64% | View data |
| 8 | 8 Romania | 106.66 | 2023 | +0.5% | +3.9% | View data |
| 9 | 9 Serbia | 70.28 | 2023 | +5.5% | +11.99% | View data |
| 10 | 10 Croatia | 52.61 | 2023 | -1.84% | -3.22% | View data |