The analysis of European natural gas consumption in the fishing sector reveals that as of 2023, Spain is the leading consumer with a significant margin. While Czech Republic, Hungary, Latvia, Romania, Bulgaria, and Portugal exhibited growth in consumption from the previous year, Norway showed a remarkable increase of 117.79%. On the contrary, Ukraine experienced a decline, emphasizing potential shifts in energy preferences or operational efficiencies. The compound annual growth rate (CAGR) over the past five years is indicative of a moderate increase in consumption across the board, reflecting a shifting energy landscape in the fishing sector.
Future trends to watch include potential policy changes regarding energy efficiency and sustainability within the fishing industry, along with technological advancements that may reduce natural gas dependency. Additionally, geopolitical factors affecting energy commodification and supply in Europe could significantly impact these consumption patterns.
Top countries in Natural Gas Final Consumption in Fishing Sector by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 105.92 | 2023 | +41.19% | View data | |
| 2 | 2 Czech Republic | 0.34 | 2023 | +13.86% | +18.93% | View data |
| 3 | 3 Hungary | 0.098 | 2023 | +4.26% | +8.9% | View data |
| 4 | 4 Latvia | 0.086 | 2023 | +2.38% | +1.97% | View data |
| 5 | 5 Ukraine | 0.053 | 2023 | +12.77% | -3.4% | View data |
| 6 | 6 Norway | 0.049 | 2023 | 0% | +117.79% | View data |
| 7 | 7 Romania | 0.024 | 2023 | +4.35% | +16.89% | View data |
| 8 | 8 Bulgaria | 0.019 | 2023 | +18.75% | +3.5% | View data |
| 9 | 9 Poland | 0.014 | 2023 | +7.69% | View data | |
| 10 | 10 Portugal | 0.01 | 2023 | 0% | +7.39% | View data |