The European Fuel Oil Final Consumption in the Non-Metallic Minerals Sector presents varied trends across countries. In 2023, France saw a notable decrease of 11%, while Italy experienced a significant 21.67% decline. Germany, contrastingly, showed a positive shift with a 13.04% increase. Other countries like Sweden and Belgium encountered slight decreases, with Cyprus witnessing the most substantial drop of 36.72%. Meanwhile, modest growth was seen in Austria and Kosovo. Major decreases in Croatia and the UK highlight contrasting regional dynamics.
Looking forward, the European market is likely to be influenced by increasing energy efficiency measures and potential shifts towards alternative energy sources in the non-metallic minerals sector. Additionally, countries exhibiting growth might leverage advancements in production technologies to stabilize or increase consumption, while others might focus on reducing dependency on fossil fuels to align with environmental goals.
Top countries in Fuel Oil Final Consumption in Non-Metallic Minerals Sector by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 10,370 | 2023 | -17.11% | -11% | View data |
| 2 | 2 Italy | 4,490 | 2023 | -34.98% | -21.67% | View data |
| 3 | 3 Germany | 1,530 | 2023 | +9.19% | +13.04% | View data |
| 4 | 4 Sweden | 899.83 | 2023 | -5.78% | -0.88% | View data |
| 5 | 5 Belgium | 634.28 | 2023 | -37.37% | -21.05% | View data |
| 6 | 6 Cyprus | 509.92 | 2023 | -62.94% | -36.72% | View data |
| 7 | 7 Spain | 495.47 | 2021 | -5.66% | -2.61% | View data |
| 8 | 8 Serbia | 386.28 | 2023 | +6.86% | -0.68% | View data |
| 9 | 9 Greece | 375.52 | 2023 | -39.86% | -2.78% | View data |
| 10 | 10 Czech Republic | 355.5 | 2023 | +5.84% | -4.6% | View data |