In 2023, Germany led European natural gas consumption in the machinery sector, despite a slight decline. The UK and Czech Republic showed modest growth, while Italy experienced a substantial drop of over 26%. Hungary and Ireland saw notable increases, with Hungary at over 5% and Ireland leading at over 7%. Conversely, Ukraine, Slovakia, and Moldova faced significant reductions. Belgium, Austria, and several smaller economies reported minor growth, while countries like France, Spain, and the Netherlands noted declines.
Watch for:
- Continued growth in Eastern European countries with increasing industrial activity.
- Potential shifts in consumption as countries adopt more sustainable energy practices.
- Influence of geopolitical factors on energy supply stability in Europe.
Top countries in Natural Gas Final Consumption in Machinery Sector Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.92 | 2023 | -0.47% | -0.54% | View data |
| 2 | 2 United Kingdom | 19.36 | 2023 | +1.52% | +0.87% | View data |
| 3 | 3 France | 10.26 | 2023 | +0.68% | -1.46% | View data |
| 4 | 4 Spain | 6.59 | 2023 | +1.57% | -1.07% | View data |
| 5 | 5 Italy | 4.72 | 2023 | -34.92% | -26.58% | View data |
| 6 | 6 Czech Republic | 4.24 | 2023 | +2.02% | +2.41% | View data |
| 7 | 7 Poland | 3.95 | 2023 | +1.58% | +0.36% | View data |
| 8 | 8 Netherlands | 3.79 | 2023 | -1.9% | -1.88% | View data |
| 9 | 9 Hungary | 3.74 | 2023 | +2.9% | +5.1% | View data |
| 10 | 10 Austria | 2.58 | 2023 | +0.99% | +1.34% | View data |
