In 2023, Mexico led the share of Global Direct Transfer on End-Use Electricity for Consumers with USD 56.15 million, showcasing a year-on-year growth of 10.17%. Australia and Belgium also saw significant growth at 6.56% and 11.15%, respectively. Conversely, Indonesia experienced a sharp decline of 22.47%. Notably, Armenia exhibited a remarkable increase of 48.1%, though starting from a much smaller base.
Future trends to watch include:
- A potential increase in investments towards renewable energies, influencing market dynamics.
- Emerging economies might see higher growth rates, impacting the overall distribution of consumer electricity expenditures.
- Evolving global policies on energy consumption could significantly alter future trends and distributions.
Top countries in Direct Transfer on End-Use Electricity for Consumers Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 56.15 | 2023 | +7.93% | +10.17% | View data |
| 2 | 2 Australia | 20.62 | 2023 | -1.36% | +6.56% | View data |
| 3 | 3 Indonesia | 16.19 | 2023 | -37.78% | -22.47% | View data |
| 4 | 4 Spain | 7.27 | 2023 | +22.48% | +5.55% | View data |
| 5 | 5 Ukraine | 3.98 | 2023 | +6.03% | -2.71% | View data |
| 6 | 6 Azerbaijan | 1.83 | 2023 | +23.15% | -5.13% | View data |
| 7 | 7 Belgium | 1.13 | 2023 | +6.65% | +11.15% | View data |
| 8 | 8 Netherlands | 1.07 | 2023 | +31.29% | +8.87% | View data |
| 9 | 9 Canada | 0.79 | 2023 | +7.07% | +8.52% | View data |
| 10 | 10 Colombia | 0.56 | 2023 | -2.8% | -6.79% | View data |
