In 2023, Norway led European Natural Gas Liquids production with 67.47 Terajoules, accounting for most of the continent's output. The United Kingdom followed with 22.88 Terajoules, while Ukraine contributed 5.99 Terajoules. Smaller producers included Hungary (1.35 Terajoules), Romania (1.05 Terajoules), and Croatia (0.44 Terajoules). Other countries like the Netherlands, Serbia, Italy, Austria, Slovakia, and Slovenia had minimal contributions ranging from 0.42 to 0.0029 Terajoules.
The year-on-year variation from 2023 shows general declines for major producers like Norway (-4.42%) and the United Kingdom (-4.65%), whereas Ukraine saw a slight increase (2.05%). Romania also experienced growth (3.78%), yet many smaller producers saw reductions, including the Netherlands (-24.65%) and Austria (-14.6%). Over the last five years, the Compound Annual Growth Rate (CAGR) highlights the average yearly changes but is not detailed here.
Future trends to watch include potential shifts in production shares influenced by geopolitical factors, technological advancements, and policy changes regarding environmental sustainability. Monitoring how Norway and the United Kingdom adapt their production strategies and watching smaller countries' responses will provide insight into Europe's evolving natural gas liquids market.
Top countries in Natural Gas Liquids Production Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 67.47 | 2023 | +1.75% | -4.42% | View data |
| 2 | 2 United Kingdom | 22.88 | 2023 | -4.17% | -4.65% | View data |
| 3 | 3 Ukraine | 5.99 | 2023 | -0.63% | +2.05% | View data |
| 4 | 4 Hungary | 1.35 | 2023 | -3.94% | -7.71% | View data |
| 5 | 5 Romania | 1.05 | 2023 | -0.15% | +3.78% | View data |
| 6 | 6 Croatia | 0.44 | 2023 | -5.59% | -2.98% | View data |
| 7 | 7 Netherlands | 0.42 | 2023 | -45.59% | -24.65% | View data |
| 8 | 8 Serbia | 0.24 | 2023 | -1.59% | -4.69% | View data |
| 9 | 9 Italy | 0.07 | 2023 | -4% | View data | |
| 10 | 10 Austria | 0.066 | 2023 | -30.64% | -14.6% | View data |
