In 2023, Germany led European fossil fuel energy imports with 15.38 thousand metric tons, yet it experienced a 5.71% year-on-year decline. The Netherlands and Italy also showcased significant imports, but with moderate reductions of 1.46% and 1.14%, respectively. France, the UK, and Spain followed, each with varying small declines, while Belgium slightly increased by 0.9%. Noteworthy are outsized import growths in Albania (8.59%) and Croatia (4.57%). Over the last five years, shifts in energy policy and import diversification led to a gradual decrease in reliance on fossil fuel imports.
Looking ahead, countries are likely to further diversify energy sources, accelerating the shift towards renewable energy to meet climate targets. This may result in a continued decline in fossil fuel imports across Europe. Countries are paying closer attention to energy security and supply chain stability, particularly in the face of geopolitical tensions. Businesses involved in the energy sector should monitor policy changes closely as governments intensify their efforts to achieve sustainable energy independence.
Top countries in Fossil Fuels Energy Imports Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15.38 | 2023 | -2.19% | -5.71% | View data |
| 2 | 2 Netherlands | 13.39 | 2023 | +1.33% | -1.46% | View data |
| 3 | 3 Italy | 9.98 | 2023 | -0.93% | -1.14% | View data |
| 4 | 4 France | 9.31 | 2023 | -1.52% | -3.24% | View data |
| 5 | 5 United Kingdom | 8.49 | 2023 | -0.99% | -2.33% | View data |
| 6 | 6 Spain | 8.37 | 2023 | +0.8% | -0.79% | View data |
| 7 | 7 Belgium | 7.27 | 2023 | +1.52% | +0.9% | View data |
| 8 | 8 Poland | 3.89 | 2023 | -6.96% | -0.93% | View data |
| 9 | 9 Greece | 2.78 | 2023 | +1.29% | +0.29% | View data |
| 10 | 10 Sweden | 2.18 | 2023 | +1.51% | -1.94% | View data |
