In 2023, Belgium led European LPG consumption in the chemical and petrochemical sectors, with significant usage also noted in Finland and Hungary. Emerging markets like Macedonia showed substantial growth potential with a 39.02% increase. In contrast, Bulgaria and Italy experienced sharp declines, indicating a possible shift in industrial dynamics or energy policies. Overall, several countries, including Denmark, Bosnia and Herzegovina, Estonia, and Lithuania, registered double-digit growth, implying a burgeoning market potential.
Looking to the future, watch for:
- A potential increase in LPG consumption driven by demand for sustainable and cleaner energy sources.
- The impact of stricter environmental regulations shaping consumption dynamics.
- Technological advancements and economic growth stimulating LPG usage across regions.
Top countries in Liquefied Petroleum Gases Final Consumption in Chemical and Petrochemical Sectors by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 2,890 | 2023 | +3.05% | +0.71% | View data |
| 2 | 2 Finland | 1,990 | 2023 | +2.27% | +2.59% | View data |
| 3 | 3 Hungary | 1,240 | 2023 | +2.44% | +2.11% | View data |
| 4 | 4 Norway | 1,080 | 2023 | +1.91% | +5.37% | View data |
| 5 | 5 Romania | 414.08 | 2023 | +0.13% | -4.25% | View data |
| 6 | 6 France | 395.08 | 2023 | +1.63% | -0.5% | View data |
| 7 | 7 Sweden | 290.47 | 2023 | +8.2% | +2.46% | View data |
| 8 | 8 Poland | 107.19 | 2023 | +11.08% | +4.68% | View data |
| 9 | 9 Czech Republic | 99.06 | 2023 | +16.92% | +6.3% | View data |
| 10 | 10 Greece | 77.01 | 2023 | -13.34% | -5.66% | View data |
