The European fuel oil import landscape in 2023 showed prominent diversity. The Netherlands dominated with significant imports, increasing by 16.27%, accounting for the majority share. Notable growth was seen in Spain and Denmark, despite minor import values from other nations. Conversely, France, Belgium, and Germany saw declining imports, as did several other countries including Sweden and Italy. Ireland and Serbia experienced remarkable increases, highlighting growing demand or strategic stockpiling. Over a five-year horizon, the landscape shows moderate shifts with a mix of growth in some regions and contractions in others.
Future trends to watch include adjustments in energy policies aiming for greener alternatives, potentially leading to reduced dependency on fuel oil. Economic fluctuations, geopolitical tensions, and advancements in energy technology could also shape import demands in unpredictable ways.
Top countries in Fuel Oil Imports by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 315,740 | 2023 | -0.018% | +16.27% | View data |
| 2 | 2 Spain | 83,220 | 2023 | +12.07% | +0.12% | View data |
| 3 | 3 Belgium | 62,630 | 2023 | +4.19% | -1.65% | View data |
| 4 | 4 France | 34,360 | 2023 | +9.96% | -2.01% | View data |
| 5 | 5 Denmark | 27,940 | 2023 | +1.33% | +6.62% | View data |
| 6 | 6 Greece | 27,410 | 2023 | +10.9% | +7.41% | View data |
| 7 | 7 Malta | 19,220 | 2023 | +2.09% | -3.89% | View data |
| 8 | 8 Germany | 18,750 | 2023 | -2.03% | -4.84% | View data |
| 9 | 9 Norway | 15,230 | 2023 | +0.85% | -1.27% | View data |
| 10 | 10 Italy | 12,470 | 2023 | -3.59% | -7.88% | View data |
