The European Fuel Oil Consumption in International Maritime Bunkers for 2023 shows varied trends across countries. The Netherlands leads with significant consumption but saw a slight decrease. While Greece and Portugal experienced notable increases, countries like Germany and the UK saw sharp declines. The Baltic states, notably Latvia, reported significant rises, emphasizing growth potential in smaller economies.
Future trends to watch include potential shifts towards greener maritime fuel options, impacting oil consumption. Innovations in maritime technology and EU regulations focusing on emissions could drive significant changes in bunker fuel demand, promoting alternative fuels. Economic recovery from recent disruptions may also alter consumption patterns.
Top countries in Fuel Oil Consumption in International Maritime Bunkers Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 26.34 | 2023 | -1.31% | -0.52% | View data |
| 2 | 2 Belgium | 21.52 | 2023 | +7.36% | -2.03% | View data |
| 3 | 3 Spain | 15.91 | 2023 | +4.49% | -1.47% | View data |
| 4 | 4 Italy | 6.39 | 2023 | +3.02% | -0.62% | View data |
| 5 | 5 Greece | 6.23 | 2023 | +8.78% | +2.36% | View data |
| 6 | 6 Sweden | 5.45 | 2023 | +1.91% | +7.62% | View data |
| 7 | 7 Malta | 4.93 | 2023 | +2.88% | -2.19% | View data |
| 8 | 8 France | 4.61 | 2023 | +10.31% | -2.67% | View data |
| 9 | 9 Portugal | 2.34 | 2023 | +8.09% | +3.17% | View data |
| 10 | 10 United Kingdom | 1.48 | 2023 | -8.9% | -9.05% | View data |
