The analysis of European fossil energy exports in Terajoules highlights Norway's dominant share at 30.3%, with the Netherlands following at 16.71%. Notable year-on-year changes include a 1.37% increase in Norway and a significant decline in Denmark by 5.43%. Macedonia and Montenegro experienced remarkable increases of 22.83% and 31.2%, respectively, while Latvia and Bosnia and Herzegovina saw declines of 7.67% and 9.04%. Over the last five years, the compound annual growth rate (CAGR) highlights the dynamic shifts in the European energy landscape.
Future trends to monitor include the impact of geopolitical developments, shifts towards renewable energy, and policies aimed at reducing carbon emissions. The ongoing transition to sustainable energy sources may influence the volume of fossil exports, reshaping the market dynamics significantly.
Top countries in Fossil Energy Exports Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 30.3 | 2023 | +1.09% | +1.37% | View data |
| 2 | 2 Netherlands | 16.71 | 2023 | -4.09% | -3.47% | View data |
| 3 | 3 United Kingdom | 11.07 | 2023 | -0.85% | -1.05% | View data |
| 4 | 4 Belgium | 5.75 | 2023 | +6.26% | +1.95% | View data |
| 5 | 5 Germany | 4.64 | 2023 | +1.56% | +2% | View data |
| 6 | 6 Italy | 4.63 | 2023 | +4.1% | -0.23% | View data |
| 7 | 7 France | 4.13 | 2023 | +6.58% | +2.29% | View data |
| 8 | 8 Spain | 3.95 | 2023 | -1.05% | -2.24% | View data |
| 9 | 9 Greece | 3.42 | 2023 | +3.22% | +1.74% | View data |
| 10 | 10 Sweden | 2.5 | 2023 | +1.56% | -1.35% | View data |
