The European machinery sector shows varying trends in natural gas consumption among countries. In 2023, Germany led with the highest consumption, albeit with a slight decrease. The UK showed positive growth, whereas France and Spain experienced declines. Italy saw a substantial reduction of nearly 25%, highlighting a notable shift. Eastern European countries like the Czech Republic, Poland, and Hungary displayed moderate growth, indicating a rising reliance on natural gas in these regions. Conversely, Ukraine and Slovakia reported significant declines, underlining regional differentiation.
Future trends to watch include:
- Efforts to reduce natural gas dependence due to environmental concerns and energy policies.
- Potential increases in consumption in countries with current positive trends, such as the UK and Hungary.
- Market adjustments as alternative energy sources become more prevalent, affecting overall sector dynamics.
Top countries in Machinery Sector Final Consumption of Natural Gas Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.95 | 2023 | -0.48% | -0.56% | View data |
| 2 | 2 United Kingdom | 19.4 | 2023 | +1.52% | +0.87% | View data |
| 3 | 3 France | 10.1 | 2023 | -0.2% | -1.82% | View data |
| 4 | 4 Spain | 6.64 | 2023 | +1.67% | -0.98% | View data |
| 5 | 5 Italy | 5.32 | 2023 | -32.74% | -24.84% | View data |
| 6 | 6 Czech Republic | 4.04 | 2023 | +0.02% | +1.64% | View data |
| 7 | 7 Netherlands | 3.76 | 2023 | -1.93% | -1.79% | View data |
| 8 | 8 Poland | 3.74 | 2023 | +0.72% | -0.79% | View data |
| 9 | 9 Hungary | 3.66 | 2023 | +2.11% | +4.62% | View data |
| 10 | 10 Romania | 2.59 | 2023 | +0.094% | +0.67% | View data |
