The Netherlands leads European fuel oil stocks at 2.14 million metric tons, showing a robust 12.09% annual growth. Denmark and Slovakia exhibit a significant surge, with 17.86% and 9.36% increases, respectively. The United Kingdom, by contrast, suffers a drastic 38.34% decline. Italy, Germany, and Spain experience modest reductions, while France and Sweden encounter minor declines. Meanwhile, Cyprus, Portugal, and Malta show progressive increases. Central and Eastern Europe largely see slight declines, with a few exceptions like Bulgaria and Moldova experiencing small gains.
Looking forward, watch for policy shifts in green energy impacting fuel stockpile strategies. Economic recovery post-COVID-19 and geopolitical tensions could affect stock trends, especially in energy-import-dependent nations. Sustainable energy advancements may influence long-term fuel consumption patterns across Europe.
Top countries in Fuel Oil Opening Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 2,140 | 2023 | +0.2% | +12.09% | View data |
| 2 | 2 Italy | 1,290 | 2023 | -10.56% | -3.98% | View data |
| 3 | 3 Germany | 1,080 | 2023 | -0.37% | -1.94% | View data |
| 4 | 4 Spain | 933 | 2023 | -2.71% | -4.6% | View data |
| 5 | 5 Denmark | 928.03 | 2023 | -2.57% | +17.86% | View data |
| 6 | 6 Belgium | 873.1 | 2023 | -0.11% | +1.89% | View data |
| 7 | 7 Greece | 823.89 | 2023 | +1.75% | +0.35% | View data |
| 8 | 8 Sweden | 614.44 | 2023 | -4.61% | -3.39% | View data |
| 9 | 9 France | 507.94 | 2023 | -7.59% | -2% | View data |
| 10 | 10 Finland | 449 | 2023 | +2.51% | +1.25% | View data |
