In 2023, Sweden was the leading consumer of liquefied petroleum gases (LPG) in the European iron and steel sectors, despite a slight decline of 1.3%. Italy showed significant growth at 18.43%, while France and Greece saw moderate increases. Finland and Germany experienced substantial consumption drops. Notably, Romania's use surged by 21.29%, reflecting shifting trends in smaller markets.
Future trends to watch include:
- The potential for renewed growth in transitional economies like Romania and Italy, driven by increased industrial demands.
- The impact of sustainability efforts on LPG consumption as countries strive for greener alternatives in industrial energy.
- Market volatility due to geopolitical tensions influencing LPG supply chains in Europe.
Top countries in Liquefied Petroleum Gases Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 163.2 | 2023 | +3.4% | -1.3% | View data |
| 2 | 2 Italy | 30.72 | 2023 | +0.21% | +18.43% | View data |
| 3 | 3 Ukraine | 25.54 | 2023 | +27.57% | View data | |
| 4 | 4 France | 10.99 | 2023 | +5.64% | +7.52% | View data |
| 5 | 5 Greece | 9.37 | 2023 | +1.44% | +2.44% | View data |
| 6 | 6 Spain | 7.39 | 2023 | -7.75% | -9.87% | View data |
| 7 | 7 Finland | 7.18 | 2023 | +3.76% | -40.62% | View data |
| 8 | 8 Norway | 3.49 | 2023 | +1.25% | +1.12% | View data |
| 9 | 9 Slovenia | 1.75 | 2023 | +9.76% | +4.87% | View data |
| 10 | 10 Poland | 1.27 | 2023 | +5.41% | -0.68% | View data |
