The United Kingdom dominates the European fuel oil final consumption in the transport equipment sector with 65.51 thousand tonnes of oil equivalent, significantly ahead of its peers. Notable declines from 2023 include Ukraine at -30.77% and Serbia at -13.78%, indicating potential shifts in energy policy or economic activity. Bosnia and Herzegovina saw a slight decrease at -2.41%, while Denmark's consumption decreased marginally by -3.14%, suggesting relative stability in these regions.
Future trends to watch:
- Renewable energy integration, as countries shift towards greener alternatives impacting fuel oil consumption.
- Economic performance and policy changes in the United Kingdom and Spain, given their substantial shares.
- Technological advancements in transport equipment, potentially altering energy demand.
Top countries in Fuel Oil Final Consumption in Transport Equipment Sector Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 65.51 | 2023 | -3.88% | -5.68% | View data |
| 2 | 2 Spain | 15.07 | 2021 | +20.52% | +3.8% | View data |
| 3 | 3 Czech Republic | 12.22 | 2021 | +100.11% | View data | |
| 4 | 4 Ukraine | 1.85 | 2023 | +3.4% | -30.77% | View data |
| 5 | 5 Austria | 1.47 | 2021 | +5.58% | -32.11% | View data |
| 6 | 6 France | 1.47 | 2021 | +180.25% | -24.98% | View data |
| 7 | 7 Sweden | 0.59 | 2021 | +40% | -24.9% | View data |
| 8 | 8 Poland | 0.59 | 2021 | View data | ||
| 9 | 9 Bosnia and Herzegovina | 0.51 | 2023 | +7.38% | -2.41% | View data |
| 10 | 10 Greece | 0.45 | 2021 | +176% | View data |
