The European Natural Gas Liquids Energy Supply landscape in 2023 showcased notable variations between countries. Norway led the supply with 323.3 thousand terajoules, despite a 5.9% decline from the previous year. The Netherlands and the United Kingdom, with 200.67 and 117.1 thousand terajoules respectively, also experienced decreases of 5.58% and 2.48%. In contrast, Ukraine and Romania saw slight increases in their supplies, with variations of 0.79% and 1.77%. Notably, Serbia and Montenegro exhibited significant year-on-year growth at 11.66% and 10.99%, respectively. However, several markets like Finland, France, Hungary, and more crucially, Belgium and Austria, witnessed substantial declines in their supply levels.
Looking forward, the European Natural Gas Liquids Energy supply landscape is expected to be shaped by several key trends:
- Potential supply constraints due to geopolitical tensions could influence the output levels from major producers like Norway and the Netherlands.
- The push for sustainable and renewable energy may affect natural gas liquids investments, particularly in regions grappling with significant declines such as Belgium and Austria.
- Technological advancements and infrastructure developments might enable smaller markets like Serbia and Montenegro to sustain or increase their supply levels in the near future.
Top countries in Natural Gas Liquids Energy Supply by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 323,300 | 2023 | -2.12% | -5.9% | View data |
| 2 | 2 Netherlands | 200,670 | 2023 | -6.07% | -5.58% | View data |
| 3 | 3 United Kingdom | 117,100 | 2023 | -2.59% | -2.48% | View data |
| 4 | 4 Ukraine | 30,870 | 2023 | -0.67% | +0.79% | View data |
| 5 | 5 Finland | 30,290 | 2023 | +7.01% | -10.36% | View data |
| 6 | 6 France | 6,370 | 2023 | +12.1% | -14.64% | View data |
| 7 | 7 Hungary | 5,970 | 2023 | -11.07% | -9.84% | View data |
| 8 | 8 Romania | 4,030 | 2023 | -2.97% | +1.77% | View data |
| 9 | 9 Serbia | 2,900 | 2023 | +4.51% | +11.66% | View data |
| 10 | 10 Croatia | 2,100 | 2023 | -4.36% | -4.15% | View data |
