The European fuel oil export landscape is dominated by the Netherlands, holding a substantial share with a robust year-on-year growth of 16.21% in 2023. Denmark and Malta are notable for their significant increases of 7.15% and 10.31%, respectively, indicating a strengthening position. In contrast, Spain, Sweden, and the United Kingdom saw notable declines, reflecting shifts in market dynamics. Bosnia and Herzegovina experienced remarkable growth, albeit from a small base, suggesting emerging opportunities.
Future trends to watch include the Netherlands maintaining its dominance, potential fluctuation in smaller markets like Bosnia and Herzegovina, and the impact of geopolitical changes on trade flows. Importantly, environmental regulations could reshape the landscape, leading to increased investment in cleaner energy solutions.
Top countries in Fuel Oil Exports Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 38.29 | 2023 | -0.54% | +16.21% | View data |
| 2 | 2 Belgium | 8.12 | 2023 | +5.73% | -2.1% | View data |
| 3 | 3 Italy | 6.36 | 2023 | +2.23% | -1.69% | View data |
| 4 | 4 Denmark | 6.34 | 2023 | +1.41% | +7.15% | View data |
| 5 | 5 France | 6.33 | 2023 | +9.2% | -3.65% | View data |
| 6 | 6 Germany | 5.71 | 2023 | +0.38% | +6.42% | View data |
| 7 | 7 Greece | 5.41 | 2023 | +4.79% | -3.96% | View data |
| 8 | 8 Sweden | 4.37 | 2023 | -0.75% | -9.2% | View data |
| 9 | 9 Poland | 3.8 | 2023 | +13.83% | -2.93% | View data |
| 10 | 10 Spain | 3.36 | 2023 | -1.73% | -10.7% | View data |
