In 2023, the Netherlands led European fuel oil consumption in international maritime bunkers with 100.07 TWh, despite a slight decline of 0.94%. Belgium and Spain followed, showing declines of 2.03% and 1.49%, respectively. Notable growth was observed in Latvia at 66.72% and Denmark at 11.16%. Conversely, Germany and Norway faced significant decreases, with 23.76% and 41.71% respectively. Overall, countries like Greece, Portugal, and Croatia showed positive growth, suggesting evolving consumption patterns.
Future trends to watch include the transition towards greener maritime fuels, regulatory changes, and technological advancements, which may significantly impact fuel oil consumption in European international maritime bunkers.
Top countries in Fuel Oil Consumption in International Maritime Bunkers by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 100,070 | 2023 | -2.45% | -0.94% | View data |
| 2 | 2 Belgium | 83,520 | 2023 | +7.36% | -2.03% | View data |
| 3 | 3 Spain | 61,680 | 2023 | +4.43% | -1.49% | View data |
| 4 | 4 Italy | 24,830 | 2023 | +3.05% | -0.59% | View data |
| 5 | 5 Greece | 24,530 | 2023 | +9.31% | +2.67% | View data |
| 6 | 6 Sweden | 21,750 | 2023 | +3.26% | +8.2% | View data |
| 7 | 7 Malta | 19,070 | 2023 | +2.15% | -2.46% | View data |
| 8 | 8 France | 18,180 | 2023 | +11.3% | -2.33% | View data |
| 9 | 9 Portugal | 9,310 | 2023 | +10.02% | +3.7% | View data |
| 10 | 10 United Kingdom | 5,760 | 2023 | -8.9% | -9.05% | View data |
