In 2023, Italy led in European Gas Oil and Diesel Oil final consumption in the chemical and petrochemical sectors with significant year-on-year growth of 1.54%. The United Kingdom and Spain saw declines of 1.3% and 1.95%, respectively, while Germany and Austria experienced notable increases of 3.4% and 16.83%. Noteworthy declines were also seen in Poland, Greece, and Croatia, indicative of broader regional variations. Iceland posted a stunning surge of 93.89%, albeit from a low base. In contrast, the Netherlands saw a sharp decline of over 20%.
Future trends to watch include the impact of economic fluctuations, regulatory changes, and technological advancements on oil consumption. Additionally, shifts in industrial production and energy transition policies will influence consumption patterns across European countries, with a potential tilt towards greener alternatives over fossil fuels in the longer term.
Top countries in Gas Oil and Diesel Oil (Excluding Biofuel Portion) Final Consumption in Chemical and Petrochemical Sectors by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 136.16 | 2023 | +3.33% | +1.54% | View data |
| 2 | 2 United Kingdom | 85.94 | 2023 | -0.99% | -1.3% | View data |
| 3 | 3 Germany | 59.33 | 2023 | -0.0049% | +3.4% | View data |
| 4 | 4 Spain | 42.82 | 2023 | +2.74% | -1.95% | View data |
| 5 | 5 France | 16.68 | 2023 | +2.79% | +0.84% | View data |
| 6 | 6 Poland | 15.75 | 2023 | +1.16% | -17.4% | View data |
| 7 | 7 Belgium | 15.52 | 2023 | -0.013% | -2.93% | View data |
| 8 | 8 Norway | 10.53 | 2023 | -4.55% | -2.04% | View data |
| 9 | 9 Denmark | 7.68 | 2023 | -0.58% | +12.42% | View data |
| 10 | 10 Austria | 6.45 | 2023 | +2.3% | +16.83% | View data |
