Based on the 2024 forecast data, Germany holds the largest share of opening stock for kerosene-type jet fuel at 16.83 thousand metric tons, followed by France with 14.68 thousand metric tons and the United Kingdom at 10.02 thousand metric tons. Spain and Italy also represent significant shares with 9.89 and 8.98 thousand metric tons, respectively. Smaller markets such as Luxembourg and Bosnia and Herzegovina exhibit minimal opening stock levels.
The year-on-year variations display notable increases for countries like Norway (24.63%), Iceland (19.67%), Sweden (13.15%), and Belgium (13.21%), indicating a rise in reserves. Conversely, the United Kingdom (-2.91%), Malta (-7.15%), and Lithuania (-6.1%) saw reductions in their stock levels. Over a 5-year period, compounded annual growth rates (CAGR) reveal a steady but diverse trend in reserve changes across different nations.
Future trends to monitor include potential shifts due to economic adjustments, policy changes related to environmental impacts, and the ongoing recovery of the aviation sector post-pandemic. Innovations in fuel efficiency and alternative energy sources could also influence future stock levels and distribution across Europe.
Top countries in Kerosene-Type Jet Fuel (Excluding Biofuel Portion) Opening Stock Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.83 | 2023 | +2.22% | +1.85% | View data |
| 2 | 2 France | 14.68 | 2023 | +1.53% | +2.29% | View data |
| 3 | 3 United Kingdom | 10.02 | 2023 | -0.41% | -2.91% | View data |
| 4 | 4 Spain | 9.89 | 2023 | +1.72% | +5.16% | View data |
| 5 | 5 Italy | 8.98 | 2023 | +2.39% | +3.73% | View data |
| 6 | 6 Belgium | 7.83 | 2023 | +3.86% | +13.21% | View data |
| 7 | 7 Netherlands | 6.29 | 2023 | +2.99% | +8.94% | View data |
| 8 | 8 Sweden | 6.09 | 2023 | +1.81% | +13.15% | View data |
| 9 | 9 Ireland | 4.22 | 2023 | +2.42% | +7.8% | View data |
| 10 | 10 Greece | 3.71 | 2023 | +4.05% | +2.66% | View data |
