In 2023, Mexico led the global direct transfer on natural gas for general services, valued at $1.55 billion. Canada experienced a significant increase of 132.25%, reaching $0.9199 billion, while Lithuania grew by 75.75% to $0.16118 billion. Colombia, China, and South Africa also saw increases. Conversely, Russia faced a significant drop of 22.48%, along with smaller declines in Italy, Norway, and Australia. In the long term, the trend generally points toward steady growth in global transfer activities.
Future trends to watch include shifting geopolitical dynamics affecting Russia and advances in renewable energy technologies, which may alter demand patterns across countries. Monitoring these factors will be crucial for anticipating changes in this sector.
Top countries in Direct Transfer on Natural Gas for General Services by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 1,550 | 2023 | +30.51% | View data | |
| 2 | 2 Canada | 919.9 | 2023 | +23.59% | +132.25% | View data |
| 3 | 3 Lithuania | 161.18 | 2023 | +59.5% | +75.75% | View data |
| 4 | 4 Colombia | 60.91 | 2023 | +5.42% | +8.84% | View data |
| 5 | 5 Italy | 42.92 | 2023 | -1.39% | -2.23% | View data |
| 6 | 6 China | 42.25 | 2023 | +4.28% | +5.76% | View data |
| 7 | 7 Norway | 39.13 | 2023 | -3.04% | -1.41% | View data |
| 8 | 8 Russia | 25.24 | 2023 | -27.48% | -22.48% | View data |
| 9 | 9 Australia | 4.62 | 2023 | -0.26% | -11.21% | View data |
| 10 | 10 Switzerland | 1.95 | 2023 | -6.71% | -1.04% | View data |
