In 2023, France and Italy were the leading consumers of LPG in the machinery sector within Europe, with France recording 2.85 thousand terajoules and Italy 2.01. Notably, France's consumption increased by 0.18%, while Italy experienced an impressive 0.82% rise. Smaller consumers like Finland saw a notable 2.06% growth, and significant increases were observed in Bosnia and Herzegovina at 8.21% and Serbia at 10.78%. Conversely, Germany's demand sharply declined by 13.65%, mirrored by declines in Sweden and the Netherlands at 0.96% and 10.93%, respectively.
Looking forward, fluctuations in energy policy, environmental regulations, and technological advancements in machinery efficiency are critical areas influencing European LPG consumption in the machinery sector. Countries showing recent growth, like Finland and Serbia, may continue to see upward trends, while declines in major economies like Germany could stabilize or reverse if new energy strategies are implemented.
Top countries in Liquefied Petroleum Gases Final Consumption in Machinery Sector by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,850 | 2023 | +10.21% | +0.18% | View data |
| 2 | 2 Italy | 2,010 | 2023 | +7.21% | +0.82% | View data |
| 3 | 3 Finland | 717.6 | 2023 | +11.9% | +2.06% | View data |
| 4 | 4 Sweden | 675.51 | 2023 | +2.88% | -0.96% | View data |
| 5 | 5 Germany | 599.55 | 2023 | -14.91% | -13.65% | View data |
| 6 | 6 Portugal | 557.23 | 2023 | +2.17% | -2.95% | View data |
| 7 | 7 Poland | 494.92 | 2023 | +3.16% | +1.1% | View data |
| 8 | 8 Austria | 437.96 | 2023 | +1.58% | -2.24% | View data |
| 9 | 9 Denmark | 317.2 | 2023 | +0.0035% | +3.52% | View data |
| 10 | 10 Bosnia and Herzegovina | 317.16 | 2023 | +9.08% | +8.21% | View data |
