In 2023, France had the largest closing stock share of European Gas Oil and Diesel Oil at 17.73 thousand metric tons, followed by Germany at 15.14. Notably, the Netherlands saw a significant growth of 6.21% in stock share. Other countries like Sweden and Croatia also experienced substantial increases, while Germany and Norway faced declines. The Compound Annual Growth Rate (CAGR) over the last 5 years suggests variable growth, with some countries showing substantial resilience and others facing potential challenges.
In 2024, future trends to monitor include the potential impact of environmental regulations on the gas and diesel oil market and geopolitical factors affecting supply routes. The increasing shift towards renewable energies might influence stock levels and allocations in the mid to long term. Additionally, technological advancements and efficiency improvements in storage and distribution systems could play a critical role in shaping the landscape of oil closing stock shares across Europe.
Top countries in Gas Oil and Diesel Oil (Excluding Biofuel Portion) Closing Stock Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 17.73 | 2023 | +0.21% | +0.49% | View data |
| 2 | 2 Germany | 15.14 | 2023 | -1.08% | -1.37% | View data |
| 3 | 3 Spain | 10.5 | 2023 | +1.3% | -0.79% | View data |
| 4 | 4 Italy | 6.46 | 2023 | -0.78% | +0.52% | View data |
| 5 | 5 Netherlands | 6.27 | 2023 | -0.03% | +6.21% | View data |
| 6 | 6 Poland | 5.22 | 2023 | +3.67% | +3.86% | View data |
| 7 | 7 Belgium | 4.82 | 2023 | +1.54% | +4.61% | View data |
| 8 | 8 Finland | 4.43 | 2023 | +1.89% | +2.07% | View data |
| 9 | 9 United Kingdom | 4.1 | 2023 | +0.92% | +1.74% | View data |
| 10 | 10 Denmark | 3.03 | 2023 | +0.77% | +4.33% | View data |
