In 2023, Portugal led the final consumption of natural gas in the European textile and leather sector, with significant year-on-year growth of 7.79%. Conversely, Germany and the United Kingdom experienced declines of 2.49% and 6.54%, respectively. Notable increases were observed in Czech Republic (13.44%) and Serbia (12.03%). Ireland registered an outstanding growth rate of 44.87%, suggesting substantial demand surge or improved reporting. The Compound Annual Growth Rate (CAGR) over the past five years highlights sustained growth in emerging markets like Serbia and Croatia, while larger economies like France and Spain showed modest declines.
Future trends to watch include the potential impact of shifting environmental policies aiming to reduce natural gas consumption, technological advancements, and the role of renewable energy sources. The growing focus on sustainability may drive investments in alternative energy solutions, impacting natural gas demand in this sector across Europe. Economic fluctuations and geopolitical dynamics could also influence consumption patterns significantly.
Top countries in Textile and Leather Sector Final Consumption of Natural Gas Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 12.98 | 2023 | +7.76% | +7.79% | View data |
| 2 | 2 Germany | 12.72 | 2023 | +0.16% | -2.49% | View data |
| 3 | 3 Italy | 11.29 | 2021 | -57.56% | -14.96% | View data |
| 4 | 4 United Kingdom | 9.66 | 2023 | -7.97% | -6.54% | View data |
| 5 | 5 Spain | 9.15 | 2023 | -1.42% | -3.23% | View data |
| 6 | 6 France | 7.51 | 2023 | -2.33% | -5.44% | View data |
| 7 | 7 Romania | 5.96 | 2023 | +6.2% | +3.52% | View data |
| 8 | 8 Czech Republic | 5.63 | 2023 | +0.016% | +13.44% | View data |
| 9 | 9 Belgium | 5.1 | 2023 | +2.97% | -2.68% | View data |
| 10 | 10 Netherlands | 3.74 | 2023 | +5.16% | +2.19% | View data |