In 2023, France dominated European Liquefied Petroleum Gases (LPG) final consumption in the machinery sector, capturing the largest share at 25.53 terajoules. Italy followed with 18 terajoules, and smaller but notable contributions came from Finland (6.42), Sweden (6.04), and Germany (5.36). Key year-on-year variations included significant gains in Bosnia and Herzegovina (8.21%), Serbia (10.78%), and Cyprus (30.43%), while Germany saw a notable decline (-13.65%). The five-year CAGR depicts fluctuations, but countries showing resilience or growth indicate potential market stabilization.
Looking ahead, European LPG consumption in machinery will likely focus on the countries showing growth despite economic and geopolitical pressures. Monitoring sustainable practices and technological advancements will be crucial in shaping future trends.
Top countries in Liquefied Petroleum Gases Final Consumption in Machinery Sector Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 25.53 | 2023 | +10.21% | +0.18% | View data |
| 2 | 2 Italy | 18 | 2023 | +7.21% | +0.82% | View data |
| 3 | 3 Finland | 6.42 | 2023 | +11.9% | +2.06% | View data |
| 4 | 4 Sweden | 6.04 | 2023 | +2.88% | -0.96% | View data |
| 5 | 5 Germany | 5.36 | 2023 | -14.91% | -13.65% | View data |
| 6 | 6 Portugal | 4.98 | 2023 | +2.17% | -2.95% | View data |
| 7 | 7 Poland | 4.43 | 2023 | +3.16% | +1.1% | View data |
| 8 | 8 Austria | 3.92 | 2023 | +1.58% | -2.24% | View data |
| 9 | 9 Denmark | 2.84 | 2023 | +0.0035% | +3.52% | View data |
| 10 | 10 Bosnia and Herzegovina | 2.84 | 2023 | +9.08% | +8.21% | View data |