The analysis of European Fuel Oil Final Consumption in the Transport Equipment Sector shows varying trends across countries. In 2023, the United Kingdom led with the highest consumption at 423.41 Terajoules, despite a 5.68% decline year-on-year. Other notable consumers were Spain and the Czech Republic, maintaining stable consumption levels. In contrast, countries like Ukraine and Serbia experienced significant reductions of 30.47% and 13.85%, respectively. Denmark saw a slight decrease of 3.17%, while the rest had minimal variations.
Future trends to watch include the continued impact of energy efficiency measures, the transition to alternative fuels, and policy changes that may alter fuel oil consumption patterns. Additionally, geopolitical events could influence supply chains and consumption levels across Europe.
Top countries in Fuel Oil Final Consumption in Transport Equipment Sector by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 423.41 | 2023 | -3.87% | -5.68% | View data |
| 2 | 2 Spain | 97.4 | 2021 | +20.55% | +3.81% | View data |
| 3 | 3 Czech Republic | 79 | 2023 | -2.39% | View data | |
| 4 | 4 Ukraine | 12 | 2023 | +8.33% | -30.47% | View data |
| 5 | 5 France | 9.52 | 2021 | +180% | -24.96% | View data |
| 6 | 6 Austria | 9.5 | 2021 | +5.64% | -32.12% | View data |
| 7 | 7 Poland | 3.8 | 2021 | View data | ||
| 8 | 8 Sweden | 3.79 | 2021 | +39.98% | -24.98% | View data |
| 9 | 9 Bosnia and Herzegovina | 3.3 | 2023 | +7.64% | -2.41% | View data |
| 10 | 10 Greece | 2.88 | 2021 | +176.92% | View data |
