In 2023, Norway led the European Natural Gas Liquids market with a significant share, though it experienced a 5.9% decline from the previous year. The Netherlands and the United Kingdom also saw reductions in their shares by 5.58% and 2.48%, respectively. Notably, Serbia surged by 11.48%, and Montenegro increased by 10.99%, indicating emerging contributors. Finland saw a substantial drop of 10.36%. Belgium had the most significant decrease, shrinking by 40.5%. Over the past two years, variability has been evident across countries, with diverse trends shaping the energy landscape. Looking forward, the average annual growth rate over the last five years reveals varying dynamics among European nations.
Future trends in the European Natural Gas Liquids market to watch include potential increases in energy efficiency and the integration of renewable energies, potentially impacting traditional natural gas liquids consumption. Additionally, geopolitical tensions and energy security considerations in regions like Ukraine might alter energy sourcing and favor diversification. Monitoring technological advancements and policy changes related to energy transition and decarbonization will be key to understanding future shifts in energy share across European countries.
Top countries in Natural Gas Liquids Gross Available Energy Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 45.41 | 2023 | -2.12% | -5.9% | View data |
| 2 | 2 Netherlands | 28.18 | 2023 | -6.07% | -5.58% | View data |
| 3 | 3 United Kingdom | 16.45 | 2023 | -2.59% | -2.48% | View data |
| 4 | 4 Finland | 4.25 | 2023 | +7.01% | -10.36% | View data |
| 5 | 5 Ukraine | 4.16 | 2023 | -0.53% | +0.78% | View data |
| 6 | 6 Hungary | 0.9 | 2023 | -8.02% | -8.48% | View data |
| 7 | 7 France | 0.89 | 2023 | +12.1% | -14.64% | View data |
| 8 | 8 Romania | 0.6 | 2023 | +0.061% | +2.86% | View data |
| 9 | 9 Serbia | 0.4 | 2023 | +4.22% | +11.48% | View data |
| 10 | 10 Croatia | 0.27 | 2023 | -9.16% | -5.96% | View data |
