The Netherlands leads European Fuel Oil Transformation Output, despite a slight decline in 2023, followed by Germany and Belgium. France and Sweden show marginal growth. Southern European countries like Greece and Spain are declining sharply. The UK exhibits the highest reduction. Eastern European countries, notably Ukraine and Czech Republic, witness steep declines. Nordic countries reflect mixed trends, with Norway seeing growth. Austria and Finland show marked reductions.
Future trends to watch:
- Potential shifts towards renewables could impact fuel oil dependency.
- Regulatory changes in response to environmental policies influencing output.
- Technological advancements in production and energy efficiency improvements.
Top countries in Fuel Oil Transformation Output Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 15.38 | 2023 | +0.018% | -1.97% | View data |
| 2 | 2 Germany | 10.8 | 2023 | +1.38% | -1.1% | View data |
| 3 | 3 Belgium | 10.11 | 2023 | +6.38% | -3.62% | View data |
| 4 | 4 France | 8.89 | 2023 | +4.93% | +0.1% | View data |
| 5 | 5 Italy | 8.76 | 2023 | -3.56% | -3.12% | View data |
| 6 | 6 Sweden | 8.21 | 2023 | +3.7% | +0.29% | View data |
| 7 | 7 Greece | 7.8 | 2023 | +7.12% | -4.5% | View data |
| 8 | 8 Spain | 6.97 | 2023 | -3.11% | -5.14% | View data |
| 9 | 9 Poland | 4.92 | 2023 | +8.32% | -2.36% | View data |
| 10 | 10 Portugal | 3.37 | 2023 | -3.23% | -3.04% | View data |
