In 2023, the Global Direct Transfer on Petroleum for Residential Share shows significant disparities between countries. India leads with a substantial value of 76.49 million USD, although it has experienced a slight decline of 5.35% from the previous year. Indonesia follows with 10.16 million USD, showing growth of 2.91%. China registers a notable value of 1.26 million USD, up by 8.0%. Meanwhile, countries like Ireland, Argentina, and Ukraine report moderate figures, with Argentina seeing the highest percentage growth at 8.33%. On the lower end, Canada and Australia record minimal values, with Canada experiencing a substantial drop of 13.72%.
The last five years have seen varied growth across nations. Particularly, Argentina and China's consistent growth reflects strong upward trends in this sector. Looking forward, one must watch out for potential changes in governmental policies, technological advances in energy efficiency, and fluctuating oil prices that could impact these figures. Countries like India and Indonesia may continue to dominate due to their larger population demands, but economic shifts could alter consumption patterns.
Top countries in Direct Transfer on Petroleum for Residential Share by Country (Million US Dollars)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 76.49 | 2023 | +17.64% | -5.35% | View data |
| 2 | 2 Indonesia | 10.16 | 2023 | -20.07% | +2.91% | View data |
| 3 | 3 China | 1.26 | 2023 | +9.48% | +8% | View data |
| 4 | 4 Ireland | 1.06 | 2023 | -0.17% | -1.47% | View data |
| 5 | 5 Argentina | 0.69 | 2023 | +7.01% | +8.33% | View data |
| 6 | 6 Ukraine | 0.62 | 2023 | +25.55% | +4.17% | View data |
| 7 | 7 Belgium | 0.25 | 2023 | -2.49% | -4.82% | View data |
| 8 | 8 Canada | 0.033 | 2023 | -14.14% | -13.72% | View data |
| 9 | 9 Australia | 0.031 | 2023 | +0.15% | +0.46% | View data |
