In 2023, Spain led European fuel oil consumption in domestic navigation, registering 563.6 thousand tonnes of oil equivalent, marking a 2.79% increase. Conversely, Greece and Italy saw declines of 2.37% and 1.85%, respectively. Denmark experienced significant growth at 182.01%, while countries like France and Belgium noted decreases of 5.41% and 7.34%. Over the last five years, consumption trends reveal varying growth rates, influenced by domestic and economic factors.
Looking forward, expect shifts driven by environmental regulations and technological advancements. Countries with declining trends may focus on greener fuel options, potentially altering the consumption landscape considerably.
Top countries in Fuel Oil Final Consumption in Domestic Navigation by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 563.6 | 2023 | +8.37% | +2.79% | View data |
| 2 | 2 Greece | 320.1 | 2023 | +2.35% | -2.37% | View data |
| 3 | 3 Italy | 313.7 | 2023 | -0.24% | -1.85% | View data |
| 4 | 4 Sweden | 82.72 | 2023 | +4.18% | -3.1% | View data |
| 5 | 5 Portugal | 63.67 | 2023 | +8.36% | +0.49% | View data |
| 6 | 6 Denmark | 19.44 | 2023 | -1.43% | +182.01% | View data |
| 7 | 7 France | 10.87 | 2023 | +3.27% | -5.41% | View data |
| 8 | 8 Finland | 9.67 | 2023 | +1.63% | -1.85% | View data |
| 9 | 9 Iceland | 3.54 | 2023 | +24.1% | -6.77% | View data |
| 10 | 10 Norway | 1.23 | 2023 | -26.97% | View data |
