In 2024, India leads in global direct transfer on petroleum for residential use with 4.97 billion USD. It showed a decrease of 4.51% from 2023. Indonesia follows with 0.95639 billion, experiencing a 10.96% increase. The United States, with 0.4744 billion, saw a decline of 3.43%. Greece noted the highest growth rate at 24.26%, while China increased by 8.63%. Ireland and Belgium saw declines of 0.87% and 3.46%, respectively, while Ukraine, Argentina, and Australia showed slight gains. Canada had the significant decrease, at 8.57%.
Future trends to watch include India's potential shift towards sustainable energy decreasing its consumption, Indonesia's growing demand indicating increasing urbanization, Greece’s economic recovery affecting its growth sustainability, and China's economic shifts impacting its petroleum import dynamics. The rising trend in demand for sustainable energy sources could lead to decreased reliance on petroleum, affecting these figures in the coming years.
Top countries in Direct Transfer on Petroleum for Residential by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 4,970 | 2023 | +18.43% | -4.51% | View data |
| 2 | 2 Indonesia | 956.39 | 2023 | -9.42% | +10.96% | View data |
| 3 | 3 United States | 474.4 | 2023 | -1.36% | -3.43% | View data |
| 4 | 4 Greece | 188.75 | 2023 | +1.47% | +24.26% | View data |
| 5 | 5 China | 79.74 | 2023 | +9.45% | +8.63% | View data |
| 6 | 6 Ireland | 68.54 | 2023 | -0.12% | -0.87% | View data |
| 7 | 7 Ukraine | 50.14 | 2023 | +26.15% | +5.6% | View data |
| 8 | 8 Argentina | 31.51 | 2023 | +6.07% | +5.4% | View data |
| 9 | 9 Belgium | 16.62 | 2023 | -1.96% | -3.46% | View data |
| 10 | 10 Canada | 2.71 | 2023 | -6.69% | -8.57% | View data |
