The analysis of European liquefied petroleum gases consumption in the chemical and petrochemical sectors for 2023 reveals that Belgium led the region, followed by Finland and Hungary. Notably, Norway and the Czech Republic experienced significant consumption growth with variations of 5.37% and 6.3%, respectively. Meanwhile, Bulgaria and Italy saw substantial declines. Over the last five years, the trends varied, with emerging markets like Macedonia and Denmark showing notable increases. The data suggests a mixed landscape with both positive and negative shifts amongst the countries.
Looking ahead to 2024 and beyond, expect continued volatility in LPG consumption across Europe due to fluctuations in energy policies and market dynamics. Countries with growing chemical and petrochemical industries, like the Czech Republic and Estonia, are likely to accelerate LPG usage, while others may face declines due to regulatory shifts or alternative energy sources gaining traction.
Top countries in Liquefied Petroleum Gases Final Consumption in Chemical and Petrochemical Sectors Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 32.36 | 2023 | +3.05% | +0.71% | View data |
| 2 | 2 Finland | 22.29 | 2023 | +2.27% | +2.59% | View data |
| 3 | 3 Hungary | 13.9 | 2023 | +2.44% | +2.11% | View data |
| 4 | 4 Norway | 12.12 | 2023 | +1.91% | +5.37% | View data |
| 5 | 5 Romania | 4.64 | 2023 | +0.13% | -4.25% | View data |
| 6 | 6 France | 4.43 | 2023 | +1.63% | -0.5% | View data |
| 7 | 7 Sweden | 3.25 | 2023 | +8.2% | +2.46% | View data |
| 8 | 8 Poland | 1.2 | 2023 | +11.08% | +4.68% | View data |
| 9 | 9 Czech Republic | 1.11 | 2023 | +16.92% | +6.3% | View data |
| 10 | 10 Greece | 0.86 | 2023 | -13.34% | -5.66% | View data |
