In 2023, Norway led European Natural Gas Liquids Transformation Output with 308.85 thousand terajoules, despite a 6.76% decline from the previous year. The Netherlands and the United Kingdom followed, also experiencing reductions of 1.4% and 1.91% respectively. Notably, Croatia and Romania saw increases of 4.55% and 16.52%. Belgium and Montenegro experienced significant growth, up by 10.57% and 10.99%. France and Hungary observed notable decreases of 15.15% and 10.46% respectively. Stability marked Serbia with no change, and Ukraine grew by 4.67%.
Future trends indicate a continued focus on increasing efficiency and adaptability within the European petrol sector. Watch for investments in technology and infrastructure to potentially rebalance production dynamics amongst leading and smaller stakeholders. Additionally, energy policies and geopolitical factors will likely shape the longer-term trajectory of European output in a rapidly shifting energy landscape.
Top countries in Natural Gas Liquids Transformation Output by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 308,850 | 2023 | -4.39% | -6.76% | View data |
| 2 | 2 Netherlands | 117,860 | 2023 | -2.16% | -1.4% | View data |
| 3 | 3 United Kingdom | 87,960 | 2023 | -2.16% | -1.91% | View data |
| 4 | 4 France | 6,180 | 2023 | +10.27% | -15.15% | View data |
| 5 | 5 Croatia | 2,160 | 2023 | -3.06% | +4.55% | View data |
| 6 | 6 Hungary | 1,860 | 2023 | +3.87% | -10.46% | View data |
| 7 | 7 Belgium | 1,600 | 2023 | +2.83% | +10.57% | View data |
| 8 | 8 Romania | 1,190 | 2023 | +2.75% | +16.52% | View data |
| 9 | 9 Montenegro | 309.9 | 2023 | +19.24% | +10.99% | View data |
| 10 | 10 Ukraine | 210.63 | 2023 | +3.3% | +4.67% | View data |
