The 2023 data indicates France, Germany, and Spain as leading countries in European gas and diesel oil stock holdings. France saw a slight increase of 0.087% in stock levels, while Germany experienced a decline of 1.34% in the same period. Notable increases include the Netherlands (2.8%) and Croatia (15.08%), highlighting diverse changes across the region. Several countries witnessed declines, with Bulgaria and Ireland recording significant decreases of 5.25% and 8.26%, respectively. Over the past five years, the average change per year (CAGR) varied considerably, reflecting fluctuating market dynamics and influencing stock balances.
Future trends to watch include the outcomes of geopolitical tensions and environmental policies affecting fossil fuels. Emphasis on renewable energy could push countries to reduce fossil fuel reliance, impacting stock levels. Additionally, regional economic shifts and energy conservation efforts may further influence opening stock shares across Europe, necessitating adaptive strategies for stakeholders.
Top countries in Gas Oil and Diesel Oil (Excluding Biofuel Portion) Opening Stock Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 17.11 | 2023 | +0.47% | +0.087% | View data |
| 2 | 2 Germany | 15.46 | 2023 | -1.02% | -1.34% | View data |
| 3 | 3 Spain | 11.93 | 2023 | +1.98% | +2.4% | View data |
| 4 | 4 Netherlands | 6.57 | 2023 | +0.41% | +2.8% | View data |
| 5 | 5 Italy | 6.22 | 2023 | -0.67% | -1.39% | View data |
| 6 | 6 Belgium | 5.17 | 2023 | +1.23% | +5.81% | View data |
| 7 | 7 Poland | 4.39 | 2023 | +2.18% | +2.17% | View data |
| 8 | 8 Finland | 4.33 | 2023 | +2.19% | +1.03% | View data |
| 9 | 9 United Kingdom | 3.69 | 2023 | +0.54% | +0.21% | View data |
| 10 | 10 Denmark | 3.45 | 2023 | +2.45% | +5.06% | View data |
