The analysis of the European machinery sector's final consumption of natural gas in 2023 demonstrates marked differences among countries. Germany leads with 27.92 TJ, followed by the United Kingdom with 19.36 TJ, and France with 10.1 TJ. Over the past year, significant variations include Italy (-26.58%), Ukraine (-4.93%), and Slovakia (-5.6%). Countries showing positive growth include Hungary (5.55%), Ireland (5.98%), and Greece (5.97%). Over the past five years, overall consumption trends have varied greatly, with greater emphasis needed on countries with extreme changes.
Future trends in the European machinery sector's natural gas consumption are expected to be influenced by increasing regulatory pressures to reduce emissions, ongoing energy efficiency improvements, and shifts towards alternative energy sources. Additionally, geopolitical factors and economic conditions will play critical roles. Monitoring these elements will be crucial for predicting future consumption patterns.
Top countries in Machinery Sector Final Consumption of Natural Gas Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.92 | 2023 | -0.47% | -0.54% | View data |
| 2 | 2 United Kingdom | 19.36 | 2023 | +1.52% | +0.87% | View data |
| 3 | 3 France | 10.1 | 2023 | +1.01% | -1.35% | View data |
| 4 | 4 Spain | 6.63 | 2023 | +1.67% | -0.98% | View data |
| 5 | 5 Italy | 4.72 | 2023 | -34.92% | -26.58% | View data |
| 6 | 6 Czech Republic | 4.36 | 2023 | +3.96% | +3.26% | View data |
| 7 | 7 Poland | 3.98 | 2023 | +1.69% | +0.49% | View data |
| 8 | 8 Hungary | 3.82 | 2023 | +3.83% | +5.55% | View data |
| 9 | 9 Netherlands | 3.78 | 2023 | -1.61% | -1.69% | View data |
| 10 | 10 Austria | 2.58 | 2023 | +0.99% | +1.34% | View data |