The global support for natural gas varies significantly by country. In 2023, the United Kingdom led with notable support despite moderate growth at 1.67%. Mexico experienced substantial growth at 103.22%, while the United States and Brazil faced declines of -11.7% and -10.63%, respectively. Emerging economies like Indonesia showed impressive gains at 31.59%. The evolution over five years indicates varied country-level growth rates, hinting at diverse strategies and market conditions.
Future trends to watch include the shift in investment as countries transition to alternative energy sources. Anticipate fluctuations in market dynamics, influenced by geopolitical events, sustainability goals, and technological advancements in energy efficiency.
Top countries in Total Support on Natural Gas for All Beneficiaries or Sectors Share by Country (Million US Dollars, Constant = 2020)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 24.65 | 2023 | -0.29% | +1.67% | View data |
| 2 | 2 China | 10.43 | 2023 | +3.33% | +6.88% | View data |
| 3 | 3 Ukraine | 9.63 | 2023 | +3.46% | +1.07% | View data |
| 4 | 4 Italy | 7.36 | 2023 | +10.07% | +5.7% | View data |
| 5 | 5 Mexico | 7.23 | 2023 | +18.6% | +103.22% | View data |
| 6 | 6 Argentina | 7.22 | 2023 | +16.87% | +0.77% | View data |
| 7 | 7 United States | 5.42 | 2023 | -13.69% | -11.7% | View data |
| 8 | 8 France | 5.32 | 2023 | +5.47% | +2.38% | View data |
| 9 | 9 Japan | 4.26 | 2023 | +1.18% | +6.87% | View data |
| 10 | 10 Brazil | 3.89 | 2023 | -10.65% | -10.63% | View data |
