In 2024, Spain leads the European aviation fuel trade balance with 6.0 million metric tons, followed by France and Germany at 5.2 and 4.32 million metric tons respectively. Despite negative variations in Germany and the United Kingdom, Spain and France showed positive year-on-year growth of 3.62% and 1.48%. Notably, the United Kingdom, Switzerland, and Luxembourg saw declines, while Belgium and Iceland experienced significant negative variations of -6.29% and -10.59%. On the other hand, Greece and the Czech Republic demonstrated positive growth over the last year at 3.03% and 5.93% respectively.
The future trends in European aviation fuel trade balances signify a potential shift. Countries showing growth like Spain, France, and Greece may continue their upward trajectory given the sustained demand. However, the regions with negative trends should be monitored for market adjustments, policy changes, or technological advancements that could influence their trade balances. Increased focus on sustainable aviation fuels and the impact of geopolitical factors also warrant close attention.
Top countries in Aviation Fuel Trade Balance by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 6,000 | 2023 | +22.31% | +3.62% | View data |
| 2 | 2 France | 5,200 | 2023 | +14.78% | +1.48% | View data |
| 3 | 3 Germany | 4,320 | 2023 | +14.19% | -0.27% | View data |
| 4 | 4 United Kingdom | 2,250 | 2023 | +1.3% | -0.44% | View data |
| 5 | 5 Switzerland | 1,100 | 2023 | +16.78% | +1.35% | View data |
| 6 | 6 Luxembourg | 857 | 2023 | +1.27% | -0.32% | View data |
| 7 | 7 Denmark | 630.56 | 2023 | +15.49% | -0.25% | View data |
| 8 | 8 Norway | 621 | 2023 | +34.42% | View data | |
| 9 | 9 Belgium | 619.2 | 2023 | +2.4% | -6.29% | View data |
| 10 | 10 Iceland | 432.22 | 2023 | +1.19% | -10.59% | View data |