In 2023, France led with the highest gas oil and diesel oil closing stock at 9.51 million metric tons, an increase of 0.49% year-on-year. Germany followed, showing a decrease of 1.37%, whereas Spain also saw a decline of 0.79%. Italy's stock increased by 0.52%, and the Netherlands recorded a significant rise of 6.21%. Croatia experienced the highest growth at 11.7%, while Montenegro witnessed the largest decrease at 7.74%. The Compound Annual Growth Rate (CAGR) across countries revealed varied trends, highlighting organic growth in countries like Sweden and the Netherlands.
Future trends to watch include the impact of geopolitical tensions on stock levels, advances in alternative fuels, and EU policies favoring environmental sustainability, which might affect closing stock volumes significantly. Monitoring shifts in production and consumption patterns, alongside economic factors, will be crucial for predicting future stock levels.
Top countries in Gas Oil and Diesel Oil (Excluding Biofuel Portion) Closing Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 9,510 | 2023 | +0.21% | +0.49% | View data |
| 2 | 2 Germany | 8,120 | 2023 | -1.08% | -1.37% | View data |
| 3 | 3 Spain | 5,630 | 2023 | +1.3% | -0.79% | View data |
| 4 | 4 Italy | 3,470 | 2023 | -0.78% | +0.52% | View data |
| 5 | 5 Netherlands | 3,360 | 2023 | -0.03% | +6.21% | View data |
| 6 | 6 Poland | 2,800 | 2023 | +3.67% | +3.86% | View data |
| 7 | 7 Belgium | 2,590 | 2023 | +1.54% | +4.61% | View data |
| 8 | 8 Finland | 2,380 | 2023 | +1.89% | +2.07% | View data |
| 9 | 9 United Kingdom | 2,200 | 2023 | +0.92% | +1.74% | View data |
| 10 | 10 Denmark | 1,630 | 2023 | +0.77% | +4.33% | View data |
