In 2024, France leads with a closing stock of 1.44 million metric tons, followed closely by Germany at 1.43 million metric tons. The United Kingdom, Spain, and Italy also hold significant stocks. Notable year-on-year variations from 2023 include an increase of 14.61% in Ireland, while Romania and Iceland experienced the most significant declines of 15.87% and 9.97% respectively. Germany, the United Kingdom, and Belgium saw moderate growth, whereas France and Italy experienced slight reductions.
Future trends to watch for European Kerosene-Type Jet Fuel (Excluding Biofuel Portion) Closing Stock by Country:
- Potential policy shifts and regulatory changes affecting stock levels and biofuel incorporation.
- Economic factors and demand for air travel influencing fuel reserves, especially in key markets such as France, Germany, and the United Kingdom.
- Technological advancements and efficiency improvements in jet fuel utilization potentially affecting long-term stock requirements.
- Geopolitical developments impacting fuel supply chains and stock availability across Europe.
- Environmental considerations and sustainability initiatives potentially driving changes in stock strategy and fuel composition.
Top countries in Kerosene-Type Jet Fuel (Excluding Biofuel Portion) Closing Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,440 | 2023 | +1.59% | -0.11% | View data |
| 2 | 2 Germany | 1,430 | 2023 | +2.15% | +0.35% | View data |
| 3 | 3 United Kingdom | 1,110 | 2023 | +0.63% | +4.06% | View data |
| 4 | 4 Spain | 845.48 | 2023 | +1.44% | +2.57% | View data |
| 5 | 5 Italy | 766.49 | 2023 | +0.66% | -0.63% | View data |
| 6 | 6 Belgium | 648.5 | 2023 | +2.35% | +3.57% | View data |
| 7 | 7 Netherlands | 560.6 | 2023 | +2.01% | +5.67% | View data |
| 8 | 8 Ireland | 395.55 | 2023 | +2.73% | +14.61% | View data |
| 9 | 9 Sweden | 339.65 | 2023 | +1.29% | +0.62% | View data |
| 10 | 10 Greece | 318.81 | 2023 | -1.74% | -4.44% | View data |