The Netherlands, leading with 23.49 MTOE, shows a vibrant growth of 16.21%, indicating a robust position in European fuel oil exports. Denmark and Germany also exhibit significant positive variations at 7.15% and 6.42%, respectively. Conversely, Belgium, Italy, France, Greece, and several other countries experienced negative growth, with the UK witnessing a notable decline of 12.57%. Although smaller exporters, countries like Bosnia and Herzegovina and Malta have seen remarkable increases in exports, 56.91% and 10.31% respectively, highlighting potential emerging trends in their export strategies over the last year.
Looking ahead, European fuel oil exports could be impacted by shifts towards renewable energy sources, regulatory changes within the EU, and fluctuating global oil demand. Monitoring sustainability efforts, economic policies, and geopolitical developments will be crucial in understanding future export dynamics in Europe.
Top countries in Fuel Oil Exports by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 23,490 | 2023 | -0.54% | +16.21% | View data |
| 2 | 2 Belgium | 4,980 | 2023 | +5.73% | -2.1% | View data |
| 3 | 3 Italy | 3,900 | 2023 | +2.23% | -1.69% | View data |
| 4 | 4 Denmark | 3,890 | 2023 | +1.41% | +7.15% | View data |
| 5 | 5 France | 3,880 | 2023 | +9.2% | -3.65% | View data |
| 6 | 6 Germany | 3,510 | 2023 | +0.38% | +6.42% | View data |
| 7 | 7 Greece | 3,320 | 2023 | +4.79% | -3.96% | View data |
| 8 | 8 Sweden | 2,680 | 2023 | -0.75% | -9.2% | View data |
| 9 | 9 Poland | 2,330 | 2023 | +13.83% | -2.93% | View data |
| 10 | 10 Spain | 2,060 | 2023 | -1.73% | -10.7% | View data |
