Germany held the largest share of natural gas stocks in Europe as of 2023, followed by Ukraine and Italy. Over the last year, most countries had modest increases in their gas stock shares, with Belgium showing a significant rise at over 11%, while Lithuania and Norway saw declines. Germany and Ukraine continued to lead in volume, with Germany experiencing a 3.7% increase and Ukraine a 2.62% rise. Hungary and Austria experienced strong increases with 10.1% and 7.35% growth, respectively, while Denmark and the UK faced slight contractions.
Future trends to watch include the impacts of geopolitical dynamics and evolving energy policies on natural gas stocks. Europe's ongoing transition to renewable energy and potential shifts in sourcing and storage solutions may significantly impact future gas stock levels. Monitoring these factors will help anticipate changes in stock distribution between countries.
Top countries in Opening Stock of Natural Gas Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.6 | 2023 | +0.0091% | +3.7% | View data |
| 2 | 2 Ukraine | 15.59 | 2023 | +1.38% | +2.62% | View data |
| 3 | 3 Italy | 14.77 | 2023 | +1.81% | +1.44% | View data |
| 4 | 4 France | 9.96 | 2023 | +0.91% | +6.08% | View data |
| 5 | 5 Netherlands | 9.63 | 2023 | +1.7% | +5.12% | View data |
| 6 | 6 Austria | 7.47 | 2023 | +3.84% | +7.35% | View data |
| 7 | 7 Hungary | 5.68 | 2023 | +3.63% | +10.1% | View data |
| 8 | 8 Slovakia | 3.5 | 2023 | +5.13% | +9.67% | View data |
| 9 | 9 Spain | 2.9 | 2023 | +4.84% | +5.75% | View data |
| 10 | 10 Poland | 2.87 | 2023 | +2.87% | +2.08% | View data |
