The United Kingdom, France, and Germany lead the European market in kerosene-type jet fuel (excluding biofuel) gross available energy, with the UK holding the most significant share at 380.1 thousand terajoules. Germany showed a slight increase of 0.85% from the previous year, while other leading countries like France and Italy remained stagnant. Smaller countries like Malta and Cyprus saw declines, at -0.71% and -2.56% respectively, while Montenegro and Bosnia and Herzegovina experienced moderate increases at 2.27% and 6.63%. Significant positive growth was seen in Albania at 28.28%, despite its overall smaller available energy.
In the negative spectrum, countries such as Greece, Poland, and the Netherlands reported substantial decreases, with the Netherlands showing the largest deficit at -213.52 thousand terajoules. The overall compound annual growth rate (CAGR) over the last five years needs to be considered for a complete long-term perspective.
Future Trends to Watch:
- Enhanced sustainability measures may increase the use of biofuels, impacting overall kerosene-type jet fuel demand.
- Economic recovery and increased travel post-pandemic could drive energy consumption up in the aviation sector.
- Technological advances and increased efficiency in aviation could reduce kerosene consumption as newer, more efficient aircraft come into operation.
- Geopolitical factors and regulatory policies within the EU regarding aviation emissions and fuel standards will play a critical role in shaping demand.
Top countries in Kerosene-Type Jet Fuel (Excluding Biofuel Portion) Gross Available Energy by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 380,100 | 2023 | +1.85% | View data | |
| 2 | 2 France | 237,840 | 2023 | +21.69% | View data | |
| 3 | 3 Germany | 234,460 | 2023 | +14.78% | +0.85% | View data |
| 4 | 4 Italy | 104,730 | 2023 | +19.91% | View data | |
| 5 | 5 Spain | 67,600 | 2023 | +25.41% | View data | |
| 6 | 6 Ireland | 60,820 | 2023 | +10.43% | -0.21% | View data |
| 7 | 7 Denmark | 44,600 | 2023 | +20.27% | +2.2% | View data |
| 8 | 8 Sweden | 38,740 | 2023 | +12.86% | -0.8% | View data |
| 9 | 9 Luxembourg | 27,430 | 2023 | +2.48% | +1.31% | View data |
| 10 | 10 Iceland | 13,470 | 2023 | +18.97% | -4.86% | View data |
