In 2023, Ukraine led with a value of 1.5, a significant increase of 18.37% from the previous year. Poland and Italy showed marginal changes, with Poland experiencing a slight decrease of 0.4% and Italy a modest increase of 0.44%. Contrastingly, countries like Serbia, Austria, and Moldova saw substantial declines of 13.36%, 18.49%, and 18.02% respectively. Notably, Hungary recorded a 22.8% increase, indicating positive growth. Estonia experienced the steepest decline at 31.66%. Overall, the data suggests varied performance among European countries concerning fuel oil gross heat production.
Future trends to watch include potential recovery in countries with sharp declines as they adapt to economic and environmental pressures. The ongoing growth in Ukraine and Hungary could continue, driven by technological enhancements and policy shifts towards renewable energy sources, possibly altering the landscape of European fuel oil production.
Top countries in Fuel Oil Gross Heat Production by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 1,500 | 2023 | +2.74% | +18.37% | View data |
| 2 | 2 Poland | 876.43 | 2023 | -2.53% | -0.4% | View data |
| 3 | 3 Italy | 715.91 | 2023 | -0.00042% | +0.44% | View data |
| 4 | 4 Serbia | 646.27 | 2023 | +5.58% | -13.36% | View data |
| 5 | 5 Austria | 460.57 | 2023 | -33.48% | -18.49% | View data |
| 6 | 6 Finland | 413.33 | 2021 | +72.82% | -24.57% | View data |
| 7 | 7 Romania | 302.77 | 2023 | +0.0026% | -9.41% | View data |
| 8 | 8 Sweden | 266.67 | 2021 | +109.61% | -14.27% | View data |
| 9 | 9 United Kingdom | 204.96 | 2023 | -2.35% | -2.28% | View data |
| 10 | 10 Germany | 117.78 | 2023 | +11.64% | -3.47% | View data |
