In 2024, Germany leads the European region with natural gas consumption of 232.63 thousand terajoules in the chemical and petrochemical sector. Notable decreases were observed in the United Kingdom and Romania, experiencing reductions of -2.73% and -7.5% respectively. Meanwhile, countries like Italy and Poland saw significant hikes at 11.43% and 4.07%. Sweden marked a strong upswing with a growth of 7.51%, while Spain, Netherlands, and Austria exhibited modest increases. Moldova, Bosnia and Herzegovina, and Macedonia registered substantial gains, indicating growth in smaller markets.
Looking forward, Europe may experience fluctuations driven by regulatory changes and a shift towards sustainable practices. A focus on energy efficiency could reshape consumption patterns. With geopolitical dynamics affecting gas supply, diversifying energy sources might become key. Monitoring Italy's surge in growth and potential stabilizing factors for countries currently facing consumption decline will be crucial.
Top countries in Chemical and Petrochemical Sector Final Consumption of Natural Gas by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 232,630 | 2023 | +0.76% | +0.6% | View data |
| 2 | 2 France | 128,970 | 2023 | +0.8% | -0.25% | View data |
| 3 | 3 Spain | 113,970 | 2023 | +2.01% | +1.55% | View data |
| 4 | 4 Netherlands | 89,770 | 2023 | +1.56% | +2.01% | View data |
| 5 | 5 Italy | 67,730 | 2023 | +11.36% | +11.43% | View data |
| 6 | 6 Belgium | 60,200 | 2023 | +0.76% | +0.96% | View data |
| 7 | 7 United Kingdom | 57,300 | 2023 | -2.74% | -2.73% | View data |
| 8 | 8 Austria | 20,540 | 2023 | +1.62% | +2.28% | View data |
| 9 | 9 Poland | 18,520 | 2023 | +2.01% | +4.07% | View data |
| 10 | 10 Romania | 16,570 | 2023 | -34.83% | -7.5% | View data |
