In 2023, Norway led in European Liquefied Petroleum Gases (LPG) transformation output, followed by the United Kingdom, Germany, and the Netherlands. Despite a general stability in the sector, countries such as Belgium and Serbia saw significant increases, contrasting with downturns in Norway and Croatia. The compound annual growth rate over the last 5 years highlights variable performances, with notable increments in Bulgaria and Austria, while Bosnia and Herzegovina encountered a substantial decline.
Looking forward, the LPG market in Europe may see shifts influenced by energy policies, sustainability goals, and technological advancements. Key trends include potential increases in low-carbon solutions, and variations in demand based on geopolitical and economic factors.
Top countries in Liquefied Petroleum Gases Transformation Output by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 6,260 | 2023 | +0.64% | -3.92% | View data |
| 2 | 2 United Kingdom | 3,620 | 2023 | -0.67% | +0.68% | View data |
| 3 | 3 Germany | 3,560 | 2023 | +3.1% | +0.4% | View data |
| 4 | 4 Netherlands | 2,090 | 2023 | +1.03% | +1.78% | View data |
| 5 | 5 Spain | 1,970 | 2023 | +3.98% | -0.93% | View data |
| 6 | 6 Italy | 1,690 | 2023 | +1.38% | +0.57% | View data |
| 7 | 7 France | 1,510 | 2023 | +1.59% | -2.54% | View data |
| 8 | 8 Belgium | 1,230 | 2023 | +1.33% | +6.18% | View data |
| 9 | 9 Greece | 946.04 | 2023 | +0.55% | -0.038% | View data |
| 10 | 10 Romania | 788.94 | 2023 | +5.68% | +0.86% | View data |
