The analysis of European fuel oil final consumption in domestic navigation shows Spain leading with significant consumption, followed by Greece and Italy with moderate figures. While Spain displayed a modest year-on-year increase in 2023, Greece and Italy experienced slight declines. Denmark recorded a dramatic surge, indicating potential shifts in navigation fuel use. Countries like France, Sweden, and Belgium saw reductions, with Iceland and Finland maintaining smaller shares. Over five years, trends have been relatively stable with slight fluctuations among larger consumers, but marked changes in smaller nations can suggest shifting dynamics.
Future trends to watch include potential policy shifts towards sustainable fuel, alterations in maritime regulations, and technological advancements in fuel efficiency. These may drive significant changes in consumption patterns across European countries. Monitoring these factors will be crucial for adapting strategies in fuel consumption and navigation practices.
Top countries in Fuel Oil Final Consumption in Domestic Navigation Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 40.57 | 2023 | +8.37% | +2.79% | View data |
| 2 | 2 Greece | 23.04 | 2023 | +2.35% | -2.37% | View data |
| 3 | 3 Italy | 22.58 | 2023 | -0.24% | -1.85% | View data |
| 4 | 4 Sweden | 5.95 | 2023 | +4.18% | -3.1% | View data |
| 5 | 5 Portugal | 4.58 | 2023 | +8.36% | +0.49% | View data |
| 6 | 6 Denmark | 1.4 | 2023 | -1.43% | +182.01% | View data |
| 7 | 7 France | 0.78 | 2023 | +3.27% | -5.41% | View data |
| 8 | 8 Finland | 0.7 | 2023 | +1.63% | -1.85% | View data |
| 9 | 9 Iceland | 0.25 | 2023 | +24.1% | -6.77% | View data |
| 10 | 10 Norway | 0.089 | 2023 | -26.97% | View data |
