The Global Direct Transfer on Natural Gas by producers exhibited varied trends across countries in 2023. China led with $1.29 billion in direct transfer value, representing a 6.88% increase year-on-year. Argentina's value rose by 3.75% to $1.24 billion. Indonesia remained steady, while Japan saw an 8.35% increase. Azerbaijan experienced a notable 13.03% rise. Israel and Chile increased modestly by 4.39% and 0.54% respectively. Ukraine's direct transfer surged by 136.17%, reflecting geopolitical influences. Conversely, the Netherlands and Belarus faced declines at -8.53% and -45.22% respectively. Looking at a five-year CAGR, India showed exceptional growth due to its 83.8% increase in 2023.
Future trends to watch include potential growth in emerging markets like India and Ukraine due to increasing energy demands and geopolitical factors influencing European supply dynamics. Continued investment in infrastructure and policy changes in leading countries could further shape the market landscape.
Top countries in Direct Transfer on Natural Gas for Producers by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,290 | 2023 | +7.46% | +6.88% | View data |
| 2 | 2 Argentina | 1,240 | 2023 | +18% | +3.75% | View data |
| 3 | 3 Indonesia | 726.48 | 2023 | +8.68% | View data | |
| 4 | 4 Japan | 651.04 | 2023 | +3.22% | +8.35% | View data |
| 5 | 5 Azerbaijan | 592.6 | 2023 | +35.03% | +13.03% | View data |
| 6 | 6 Israel | 166.24 | 2023 | +1.22% | +4.39% | View data |
| 7 | 7 Chile | 83.79 | 2023 | +2.53% | +0.54% | View data |
| 8 | 8 Ukraine | 64.36 | 2023 | +10.77% | +136.17% | View data |
| 9 | 9 Netherlands | 21.42 | 2023 | +1.81% | -8.53% | View data |
| 10 | 10 Colombia | 16.43 | 2023 | +4.58% | +2.99% | View data |
