In 2023, Spain led European fuel oil consumption for domestic navigation, followed by Italy and Greece. Noteworthy rises were seen in Denmark, with a significant surge of 185.57%, whereas Belgium recorded the largest drop at 68.63%. Other countries predominantly experienced declines between 0.34% in Portugal and 28.62% in France. Over five years, varying compound growth trends suggest Spain remains dominant, while Denmark shows exceptional growth potential.
Future trends will be influenced by EU environmental policies, technological innovations in marine fuel efficiency, and shifts toward sustainable energy. Observing these factors will be crucial for forecasting consumption patterns across European nations.
Top countries in Fuel Oil Final Consumption in Domestic Navigation by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 6,570 | 2023 | +8.46% | +2.83% | View data |
| 2 | 2 Italy | 3,530 | 2023 | -1.84% | -2.5% | View data |
| 3 | 3 Greece | 3,480 | 2023 | +2.11% | -2.55% | View data |
| 4 | 4 Sweden | 984.24 | 2023 | +5.35% | -2.66% | View data |
| 5 | 5 Portugal | 710.85 | 2023 | +6.31% | -0.34% | View data |
| 6 | 6 Denmark | 240.26 | 2023 | +1.4% | +185.57% | View data |
| 7 | 7 Norway | 238.97 | 2021 | -2.46% | View data | |
| 8 | 8 Finland | 116.39 | 2023 | +3.38% | -1.17% | View data |
| 9 | 9 France | 46.71 | 2023 | -53.89% | -28.62% | View data |
| 10 | 10 Iceland | 41.16 | 2023 | +24.12% | -6.76% | View data |
