The Netherlands holds the largest share of European Fuel Oil Refinery output with 13.03 thousand tonnes of oil equivalent, followed by Germany at 10.9, Italy at 9.49, France at 9.33, and Belgium at 9.15. Notable reductions in output were observed in many countries from 2023 to 2024, including significant declines in the Netherlands (-6.43%), Belgium (-6.25%), and the United Kingdom (-18.38%). Some countries like Norway and Slovakia saw positive variations with increases of 3.21% and 1.78%, respectively. Over the last five years, compounded trends show a general declining trajectory in refinery output for most European countries.
Looking ahead, the primary trends to monitor include potential further reductions in output within core markets like the Netherlands and Germany. Becoming aware of any regulatory changes in environmental policies across Europe, which could impact refinery operations, will be crucial. Additionally, technological advancements and shifts towards cleaner energy sources might also influence future refinery outputs.
Top countries in Fuel Oil Refinery Output Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 13.03 | 2023 | -1.14% | -6.43% | View data |
| 2 | 2 Germany | 10.9 | 2023 | -0.16% | -1.69% | View data |
| 3 | 3 Italy | 9.49 | 2023 | -3.34% | -3.02% | View data |
| 4 | 4 France | 9.33 | 2023 | +4.15% | -0.23% | View data |
| 5 | 5 Belgium | 9.15 | 2023 | +8.75% | -6.25% | View data |
| 6 | 6 Greece | 8.34 | 2023 | +5.85% | -4.86% | View data |
| 7 | 7 Sweden | 7.57 | 2023 | +2.46% | -2.63% | View data |
| 8 | 8 Spain | 7.3 | 2023 | +4.7% | -5.68% | View data |
| 9 | 9 Poland | 5.23 | 2023 | +7.47% | -2.63% | View data |
| 10 | 10 Portugal | 3.73 | 2023 | -1.77% | -2.52% | View data |
