As of 2023, Spain leads European fuel oil final consumption in domestic navigation with 44.12 terajoules, followed by Italy and Greece at 21.56 and 21.27 terajoules, respectively. Denmark exhibited a significant increase of 190.56%, whereas France and Belgium saw dramatic declines of 28.43% and 68.45%, respectively. Overall, the year-on-year variations reflect diverse regional dynamics, highlighting Spain's robust growth and the dramatic shifts in consumption patterns in Denmark and underperformance in France and Belgium.
Looking ahead, key trends to watch include technological advances in alternative fuels, shifts in regulatory landscapes aimed at reducing carbon footprints, and potential geopolitical influences that could affect energy policies and consumption patterns within Europe. Monitoring these elements will provide valuable insights into the evolving energy landscape and its impact on domestic navigation consumption.
Top countries in Fuel Oil Final Consumption in Domestic Navigation Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 44.12 | 2023 | +13.62% | +4.8% | View data |
| 2 | 2 Italy | 21.56 | 2023 | -1.84% | -2.5% | View data |
| 3 | 3 Greece | 21.27 | 2023 | +2.11% | -2.55% | View data |
| 4 | 4 Sweden | 5.91 | 2023 | +4.48% | -2.98% | View data |
| 5 | 5 Portugal | 4.52 | 2023 | +8.24% | +0.45% | View data |
| 6 | 6 Denmark | 1.6 | 2023 | +6.33% | +190.56% | View data |
| 7 | 7 Norway | 1.46 | 2021 | -2.46% | View data | |
| 8 | 8 Finland | 0.67 | 2023 | +1.31% | -2.32% | View data |
| 9 | 9 Iceland | 0.25 | 2023 | +23.3% | -6.28% | View data |
| 10 | 10 France | 0.19 | 2023 | -53.51% | -28.43% | View data |
