In 2023, Germany led the European machinery sector's natural gas consumption at 20.04 TWh, despite a slight decline of 0.54% year-on-year. The UK and France followed, showing variations of 0.87% and -1.46% respectively. Notably, Hungary experienced the highest growth at 5.1%. Conversely, Italy saw a massive decrease of 26.58% in its consumption.
Looking forward, trends to observe include the impact of renewable energy adoption and energy efficiency measures, affecting gas consumption. Countries with positive growth, like Ireland and Greece, might experience further fluctuations influenced by energy transitions and policy changes. Monitoring geopolitical tensions, energy security, and economic conditions will be crucial for forecasting future consumption patterns.
Top countries in Natural Gas Final Consumption in Machinery Sector by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20,040 | 2023 | -0.47% | -0.54% | View data |
| 2 | 2 United Kingdom | 13,890 | 2023 | +1.52% | +0.87% | View data |
| 3 | 3 France | 7,360 | 2023 | +0.68% | -1.46% | View data |
| 4 | 4 Spain | 4,730 | 2023 | +1.57% | -1.07% | View data |
| 5 | 5 Italy | 3,390 | 2023 | -34.92% | -26.58% | View data |
| 6 | 6 Czech Republic | 3,050 | 2023 | +2.02% | +2.41% | View data |
| 7 | 7 Poland | 2,840 | 2023 | +1.58% | +0.36% | View data |
| 8 | 8 Netherlands | 2,720 | 2023 | -1.9% | -1.88% | View data |
| 9 | 9 Hungary | 2,680 | 2023 | +2.9% | +5.1% | View data |
| 10 | 10 Austria | 1,850 | 2023 | +0.99% | +1.34% | View data |
