The European fuel oil closing stock share in 2023 shows significant disparities among countries. The Netherlands holds the largest share at over 22%, experiencing a noteworthy increase of 12.02% year-on-year. Germany follows with a 10.95% share, albeit with a slight decline of 2.71%. Italy and Spain, with shares of 9.03% and 8.32% respectively, faced drops in stock share, while countries like Greece and Sweden saw modest gains.
Future trends to watch include:
- The Netherlands potentially solidifying its position as a key hub due to its increasing stock share.
- Continued recovery dynamics in countries like Greece and Sweden, possibly enhancing their standings.
- Evaluation of the impacts of geopolitical factors and green energy policies on fuel oil stock distribution in Europe.
Top countries in Fuel Oil Closing Stock Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 22.29 | 2023 | -0.7% | +12.02% | View data |
| 2 | 2 Germany | 10.95 | 2023 | -2.14% | -2.71% | View data |
| 3 | 3 Italy | 9.03 | 2023 | -17.19% | -12.13% | View data |
| 4 | 4 Spain | 8.32 | 2023 | -4.44% | -4.04% | View data |
| 5 | 5 Greece | 7.71 | 2023 | +0.27% | +2.02% | View data |
| 6 | 6 Belgium | 7.12 | 2023 | -0.98% | -4.17% | View data |
| 7 | 7 Sweden | 6.41 | 2023 | -2.38% | +7.39% | View data |
| 8 | 8 France | 4.63 | 2023 | -7.82% | -5.23% | View data |
| 9 | 9 Finland | 3.69 | 2023 | -3.01% | -6.09% | View data |
| 10 | 10 Denmark | 2.77 | 2023 | -8.56% | +3.18% | View data |