The global direct transfer on natural gas for producers reveals significant variations among countries, with China and Argentina leading in the share of transfer, showcasing robust increases of 6.88% and 3.75% respectively in 2023. Japan and Azerbaijan demonstrated notable growth, with 8.35% and 13.03% respective increases, reflecting strategic advancements in their natural gas sectors. Contrastingly, the Netherlands and Belarus experienced declines of 8.53% and 45.22%. Noteworthy, Ukraine's share surged by 136.17%, marking a positive trend, while India's impressive rise of 83.8% suggests emerging market dynamics.
Future trends to watch include continued dominance by key players like China and Argentina, while emerging markets like India and Ukraine might develop further prominence. Monitoring geopolitical factors and advancements in technology or alternative energy sources will be crucial for understanding shifts in global direct transfer shares.
Top countries in Direct Transfer on Natural Gas for Producers Share by Country (Million US Dollars, Constant = 2020)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 27.14 | 2023 | +7.46% | +6.88% | View data |
| 2 | 2 Argentina | 26.1 | 2023 | +18% | +3.75% | View data |
| 3 | 3 Indonesia | 15.33 | 2023 | +8.68% | View data | |
| 4 | 4 Japan | 13.74 | 2023 | +3.22% | +8.35% | View data |
| 5 | 5 Azerbaijan | 12.5 | 2023 | +35.03% | +13.03% | View data |
| 6 | 6 Israel | 3.51 | 2023 | +1.22% | +4.39% | View data |
| 7 | 7 Chile | 1.77 | 2023 | +2.53% | +0.54% | View data |
| 8 | 8 Ukraine | 1.36 | 2023 | +10.77% | +136.17% | View data |
| 9 | 9 Netherlands | 0.45 | 2023 | +1.81% | -8.53% | View data |
| 10 | 10 Colombia | 0.35 | 2023 | +4.58% | +2.99% | View data |