The 2024 forecast for European natural gas available for final consumption reveals differences in consumption levels among countries, with Germany expected to maintain the highest consumption at 58.47 million tonnes of oil equivalent, followed by the United Kingdom and Italy. Year-on-year variations indicate a heterogeneous trend: Germany with a slight increase (1.34%), the UK and Italy showing minor declines. Spain, Poland, and Hungary demonstrate growth, while Ukraine faces a significant decline of 5.79%. Smaller countries like Malta show high variability with an 8.42% increase.
Future trends to watch include the impact of geopolitical events on Ukraine's consumption, the EU's transition to renewable energy sources influencing overall demand, and potential economic factors affecting countries like Malta and Greece, with their high year-on-year variability. The shift towards sustainable energy could reshape the natural gas landscape drastically over the coming years.
Top countries in Natural Gas Available for Final Consumption by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 58,470 | 2023 | +1.52% | +1.34% | View data |
| 2 | 2 United Kingdom | 37,590 | 2023 | -0.87% | -1.3% | View data |
| 3 | 3 Italy | 34,140 | 2023 | +0.25% | -0.064% | View data |
| 4 | 4 France | 28,600 | 2023 | -0.6% | -1.03% | View data |
| 5 | 5 Netherlands | 18,680 | 2023 | -0.98% | -1.09% | View data |
| 6 | 6 Spain | 16,290 | 2023 | +2.85% | +1.73% | View data |
| 7 | 7 Poland | 13,220 | 2023 | +1.21% | +2.24% | View data |
| 8 | 8 Ukraine | 11,590 | 2023 | -4.96% | -5.79% | View data |
| 9 | 9 Belgium | 10,890 | 2023 | +1.05% | +0.59% | View data |
| 10 | 10 Romania | 6,560 | 2023 | -3.14% | +0.77% | View data |