In 2023, Germany led the European Gas Oil and Diesel Oil output, followed by Italy and Spain. Notable year-on-year growth was seen in the Netherlands (4.63%), Bulgaria (1.91%), and Serbia (2.94%). Contrarily, Finland experienced the steepest annual decline (-6.76%). Smaller markets like Estonia had a significant increase (23.09%), while Moldova faced a sharp decrease (-27.42%). Over five years, countries like Germany and France demonstrated a steady decrease, while the Netherlands showed consistent growth.
Future trends to watch include potential policy changes regarding fossil fuels and biofuels impacting the market dynamics, especially in leading countries like Germany and Italy. Additionally, technological advancements in energy efficiency and alternative energy sources may alter demand forecasts, with countries like the Netherlands potentially seeing shifts due to investments in greener technologies.
Top countries in Gas Oil and Diesel Oil (Excluding Biofuel Portion) Transformation Output Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15.11 | 2023 | -0.45% | -0.83% | View data |
| 2 | 2 Italy | 12.03 | 2023 | +3.27% | +1.42% | View data |
| 3 | 3 Spain | 11.3 | 2023 | +1.5% | -1.36% | View data |
| 4 | 4 Netherlands | 9.46 | 2023 | +1.14% | +4.63% | View data |
| 5 | 5 France | 7.49 | 2023 | +0.91% | -3.31% | View data |
| 6 | 6 United Kingdom | 7.38 | 2023 | -1.55% | -0.97% | View data |
| 7 | 7 Belgium | 5.49 | 2023 | +3.51% | +1.13% | View data |
| 8 | 8 Poland | 5.27 | 2023 | +1.85% | +1.67% | View data |
| 9 | 9 Greece | 4.53 | 2023 | +1.44% | +1.46% | View data |
| 10 | 10 Sweden | 2.89 | 2023 | +0.059% | -2.37% | View data |
