The 2023 data on European Marine Fuel Domestic Material Consumption reveals that Denmark and Germany lead with nearly equal shares of consumption. Greece and Norway follow with moderate consumption rates, while countries like Italy and Finland show small, yet positive growth. Conversely, France and the United Kingdom exhibit declines, with negative consumption observed in countries such as Sweden and Belgium. The latest variations over the previous year are generally modest, except for Italy, which shows significant growth. For Bulgaria and the Baltic states, consumption has stagnated. Over the last five years, Denmark and Germany maintain their high positions consistently.
Future trends to watch include potential shifts due to regulatory changes aimed at reducing emissions and the continued impact of economic factors affecting shipping demands. Countries with negative consumption may start to see shifts with increasing importance of green fuel technologies.
Top countries in Marine Fuel Domestic Material Consumption Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 46.74 | 2023 | +5.19% | +1.54% | View data |
| 2 | 2 Germany | 46.21 | 2023 | +8.57% | +0.87% | View data |
| 3 | 3 Greece | 16.89 | 2023 | +4.03% | +3.24% | View data |
| 4 | 4 Norway | 16.82 | 2023 | +3.04% | +0.39% | View data |
| 5 | 5 Italy | 7.77 | 2023 | +10.21% | +6.77% | View data |
| 6 | 6 France | 1.43 | 2023 | -3.84% | -7.38% | View data |
| 7 | 7 United Kingdom | 1.07 | 2023 | -30.35% | -17.75% | View data |
| 8 | 8 Finland | 0.86 | 2023 | +1.75% | +3.12% | View data |
| 9 | 9 Iceland | 0.25 | 2023 | +5.28% | View data | |
| 10 | 10 Switzerland | 0.017 | 2023 | -3.04% | -1.78% | View data |
