In 2023, Germany led European fossil energy imports with a 15.89% share, followed by the Netherlands at 12.61%. France (10.01%) and Italy (9.99%) were key players, despite Italy's declining trend. The UK and Spain’s shares were slightly under 9%, both facing minor reductions. Poland and Sweden saw significant declines, whereas Austria and Hungary demonstrated notable growth. Macedonia and Montenegro experienced the highest year-on-year increases, suggesting potential shifts in their energy reliance. Despite fluctuation, the continent remains diverse in import dependency, influenced by local energy policies and economic conditions.
Future trends to watch include potential policy changes aimed at reducing fossil fuel dependency in major countries like Germany, France, and Italy, along with the exploration and adoption of renewable energy sources. The energy transition may alter import dynamics, affecting countries dependent on imports for energy needs. Regional geopolitical developments, especially concerning Ukraine, may also impact Europe’s import strategies.
Top countries in Fossil Energy Imports Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15.89 | 2023 | +2% | +0.51% | View data |
| 2 | 2 Netherlands | 12.61 | 2023 | +3.19% | +0.41% | View data |
| 3 | 3 France | 10.01 | 2023 | +3.41% | +0.078% | View data |
| 4 | 4 Italy | 9.99 | 2023 | +2.48% | -0.26% | View data |
| 5 | 5 United Kingdom | 9.09 | 2023 | -0.06% | -0.51% | View data |
| 6 | 6 Spain | 8.71 | 2023 | +4.23% | -0.035% | View data |
| 7 | 7 Belgium | 5.87 | 2023 | +3.43% | +0.28% | View data |
| 8 | 8 Poland | 4.03 | 2023 | +1.3% | -1% | View data |
| 9 | 9 Greece | 2.62 | 2023 | +1.05% | +0.17% | View data |
| 10 | 10 Sweden | 2.02 | 2023 | -0.51% | -1.72% | View data |
