In 2023, France led the European Liquefied Petroleum Gases (LPG) final consumption in the industry with a value of 12.9 GWh and a slight increase of 0.32% from the previous year. Finland and Sweden followed but noted negative variations of -2.49% and -0.69%, respectively. Notable declines were observed in the United Kingdom (-15.97%) and Moldova (-18.01%), while Ukraine exhibited significant growth at 19.91%. Overall trends indicate steady growth in Hungary, Italy, Poland, and Ukraine, reflecting an upward demand for LPG in these countries. Conversely, Southern and Eastern European nations like Greece and Portugal showed minor declines in consumption.
Future trends to watch include potential growth in the LPG sector driven by industrial modernization and energy transition policies across Europe. Continued increases in countries such as Norway, Italy, and Hungary suggest a sustained upward trajectory, while significant variances in the UK and Moldova warrant consideration for future market stability and policy impacts.
Top countries in Liquefied Petroleum Gases Final Consumption in Industry Share by Country (Gigawatthours)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 12.9 | 2023 | +2.13% | +0.32% | View data |
2 | 2 Finland | 12.15 | 2023 | +4.43% | -2.49% | View data |
3 | 3 Sweden | 11.28 | 2023 | +2.9% | -0.69% | View data |
4 | 4 Belgium | 8.46 | 2023 | +3.01% | +1.1% | View data |
5 | 5 Norway | 7.23 | 2023 | +2.34% | +2.47% | View data |
6 | 6 Italy | 6.49 | 2023 | -1.7% | +2.84% | View data |
7 | 7 Ukraine | 5.22 | 2023 | +10.55% | +19.91% | View data |
8 | 8 Hungary | 4.88 | 2023 | +2.7% | +2.88% | View data |
9 | 9 Greece | 4.39 | 2023 | -3.64% | -3.08% | View data |
10 | 10 Spain | 3.48 | 2023 | -9.36% | -3.53% | View data |