The total support for residential natural gas in 2023 saw significant variations across countries. The United Kingdom led with $4.01 billion, despite a 2.56% decline, while China showed rapid growth of 19.85% to reach $1.86 billion. The United States decreased by 10.23%, reflecting changing energy strategies. Italy and Belgium experienced robust increases of 10.57% and 13.51% respectively. Meanwhile, countries like Azerbaijan and Colombia saw declines, with Azerbaijan dropping significantly by 15.8%. The other countries displayed minor fluctuations.
Future trends to watch include China's continued growth in natural gas support, as well as the potential recovery or further decline of countries like Azerbaijan and the United States, amidst evolving energy policies and sustainability goals. Sustainable energy transitions could influence the funding and support for natural gas in emerging and established markets.
Top countries in Total Support on Natural Gas for Residential by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 4,010 | 2023 | -2.31% | -2.56% | View data |
| 2 | 2 Ukraine | 2,490 | 2023 | +11.05% | +2% | View data |
| 3 | 3 China | 1,860 | 2023 | +21.31% | +19.85% | View data |
| 4 | 4 United States | 967.27 | 2023 | -11.45% | -10.23% | View data |
| 5 | 5 Argentina | 341.7 | 2023 | +12.37% | +3.38% | View data |
| 6 | 6 Italy | 325.48 | 2023 | +9.26% | +10.57% | View data |
| 7 | 7 Belgium | 164.2 | 2023 | +6.92% | +13.51% | View data |
| 8 | 8 Australia | 111.7 | 2023 | +3.43% | +3.09% | View data |
| 9 | 9 Hungary | 102.79 | 2023 | -0.76% | -3.49% | View data |
| 10 | 10 Canada | 99.48 | 2023 | +0.25% | +1.6% | View data |
