In 2023, France, Finland, and Sweden led Europe in liquefied petroleum gas (LPG) consumption in industry, with values standing at 372.68, 371.3, and 349.49 thousand tonnes of oil equivalent, respectively. Notable year-on-year changes included substantial increases in Ukraine (32.9%) and Slovakia (22.5%), while Germany experienced significant declines at -9.71%. The UK showed a drastic reduction of -15.97%, whereas Italy saw a commendable rise of 3.75%. Over a five-year period, CAGR reveals varying trends, with countries like Estonia and Iceland displaying significant growth potential yet overall mixed results for the continent.
Future trends to watch include increased emphasis on renewable energy sources which may impact LPG consumption adversely. Further geopolitical developments, economic performance, and technological advancements in efficiency within the industry could substantially influence LPG demand dynamics across European countries.
Top countries in Liquefied Petroleum Gases Final Consumption in Industry by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 372.68 | 2023 | -1.21% | -1.06% | View data |
| 2 | 2 Finland | 371.3 | 2023 | +4.32% | -2.75% | View data |
| 3 | 3 Sweden | 349.49 | 2023 | +2.99% | -0.63% | View data |
| 4 | 4 Belgium | 259.42 | 2023 | +2.53% | +0.92% | View data |
| 5 | 5 Norway | 221.03 | 2023 | +0.39% | +1.65% | View data |
| 6 | 6 Italy | 210.03 | 2023 | +0.42% | +3.75% | View data |
| 7 | 7 Ukraine | 177.65 | 2023 | +13.55% | +32.9% | View data |
| 8 | 8 Hungary | 151.29 | 2023 | +2.72% | +2.9% | View data |
| 9 | 9 Greece | 141.65 | 2023 | -1.49% | -2.27% | View data |
| 10 | 10 Spain | 134.69 | 2023 | +0.51% | +0.9% | View data |