India remains the largest player in the Global Direct Transfer on Petroleum for Residential Share, although it saw a slight decrease of about 4.51% in 2023. Indonesia followed with a significant rise of 10.96%, indicating robust growth. Conversely, the United States experienced a 3.43% decline. Greece surged by 24.26%, showing noteworthy performance. Smaller markets like China and Ukraine showed moderate increases of 8.63% and 5.6%, respectively, while Canada and Belgium saw declines of 8.57% and 3.46%. Australia registered a marginal increase of 1.43%, indicating stability.
Looking ahead, sustainability trends and regulations are expected to shape future investments in the petroleum sector. Monitoring policy changes in emerging and developed countries will be critical, as they may alter the landscape significantly by either boosting or restraining direct transfers. Technological advancements in energy efficiency may also impact future trends.
Top countries in Direct Transfer on Petroleum for Residential Share by Country (Million US Dollars, Constant = 2020)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 74.08 | 2023 | +18.43% | -4.51% | View data |
| 2 | 2 Indonesia | 14.26 | 2023 | -9.42% | +10.96% | View data |
| 3 | 3 United States | 7.07 | 2023 | -1.36% | -3.43% | View data |
| 4 | 4 Greece | 2.81 | 2023 | +1.47% | +24.26% | View data |
| 5 | 5 China | 1.19 | 2023 | +9.45% | +8.63% | View data |
| 6 | 6 Ireland | 1.02 | 2023 | -0.12% | -0.87% | View data |
| 7 | 7 Ukraine | 0.75 | 2023 | +26.15% | +5.6% | View data |
| 8 | 8 Argentina | 0.47 | 2023 | +6.07% | +5.4% | View data |
| 9 | 9 Belgium | 0.25 | 2023 | -1.96% | -3.46% | View data |
| 10 | 10 Canada | 0.04 | 2023 | -6.69% | -8.57% | View data |
