In the past year, the European chemical and petrochemical sector exhibited varied trends in natural gas consumption across different countries. Germany, the largest consumer, saw a slight increase of 0.6% in 2023. Countries like Italy and Poland experienced significant increases of 11.43% and 4.07%, respectively. Conversely, Romania and Latvia witnessed notable declines of -7.5% and -8.68%. Moderate increases were observed in Netherlands and Czech Republic, while the United Kingdom and Hungary experienced declines. Emerging markets like Macedonia and Moldova showed impressive growth at 18.6% and 28.93%, respectively.
Looking ahead, future trends to watch for in the European chemical and petrochemical sector's natural gas consumption include the potential impacts of renewable energy adoption, regulatory changes, and geopolitical factors affecting supply chains. Additionally, advancements in energy efficiency and a shift towards greener production methods are likely to play a critical role in shaping consumption patterns. An increased focus on sustainability could result in more countries investigating alternative energy sources, which may reduce dependence on natural gas.
Top countries in Chemical and Petrochemical Sector Final Consumption of Natural Gas Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.21 | 2023 | +0.76% | +0.6% | View data |
| 2 | 2 France | 14.09 | 2023 | -0.57% | -0.86% | View data |
| 3 | 3 Spain | 12.84 | 2023 | +2.01% | +1.55% | View data |
| 4 | 4 Netherlands | 10.12 | 2023 | +1.56% | +2.01% | View data |
| 5 | 5 Italy | 7.63 | 2023 | +11.36% | +11.43% | View data |
| 6 | 6 Belgium | 6.9 | 2023 | +1.3% | +1.32% | View data |
| 7 | 7 United Kingdom | 6.46 | 2023 | -2.74% | -2.73% | View data |
| 8 | 8 Austria | 2.31 | 2023 | +1.46% | +2.2% | View data |
| 9 | 9 Poland | 2.09 | 2023 | +2.01% | +4.07% | View data |
| 10 | 10 Romania | 1.87 | 2023 | -34.83% | -7.5% | View data |