In 2024, Italy holds the largest reserve of liquefied petroleum gases (LPG) in Europe, experiencing a 2.71% increase from the previous year. Sweden follows, while Spain and Norway show slight declines. Notably, Belgium, Austria, and Montenegro exhibit significant growth in their LPG stocks, with Austria's increasing by 22.22%. France, the UK, and Ukraine face decreases in their reserves. Estonia's stock shows a strong growth of 10.76%. The year-on-year variations emphasize thriving reserves in nations like Lithuania, Slovenia, and Greece, while others like Portugal and Germany witness sharper declines.
Looking forward, factors influencing Europe's LPG stock trends include geopolitical developments, energy transition policies, and supply chain dynamics. The potential impact of renewable energy adoption may further shape future LPG demand and reserves. Monitoring such variables will be key for understanding Europe's evolving energy landscape.
Top countries in Liquefied Petroleum Gases Closing Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 501.7 | 2023 | +18.38% | +2.71% | View data |
| 2 | 2 Sweden | 292.72 | 2023 | +0.97% | +1.74% | View data |
| 3 | 3 Spain | 204.67 | 2023 | -1.03% | -2.05% | View data |
| 4 | 4 Norway | 192.82 | 2023 | +7.23% | -0.58% | View data |
| 5 | 5 Finland | 176 | 2023 | +0.57% | +1.92% | View data |
| 6 | 6 Netherlands | 117.76 | 2023 | +0.029% | -3.72% | View data |
| 7 | 7 Poland | 106.8 | 2023 | +2.72% | +1.93% | View data |
| 8 | 8 Belgium | 102.6 | 2023 | +3.64% | +6.3% | View data |
| 9 | 9 Germany | 65 | 2023 | 0% | +2.66% | View data |
| 10 | 10 Portugal | 58.24 | 2023 | +0.61% | -6.58% | View data |
