The analysis of the European crude oil energy supply in 2023 reveals notable variances across countries. Germany maintained its position as the largest supplier, followed by Spain and Italy. Notably, Germany, United Kingdom, France, and Sweden experienced declines in supply, while the Netherlands, Belgium, and Ukraine showed positive growth. The highest growth rate was observed in Ukraine with a year-on-year increase of 10.39%, whereas Bosnia and Herzegovina faced a substantial reduction by 33.73%. Over the past five years, Croatia and Portugal showed considerable reductions, driven by a shift towards renewable energy sources as part of their long-term strategies.
Future trends to watch for in the European crude oil energy supply by country include:
- Potential growth in renewable energy investments that may diminish crude oil dependency.
- Political and economic factors that could influence oil supply chains, such as EU regulations and geopolitical tensions.
- Technological advancements in energy efficiency which could reduce overall crude oil consumption.
- Variations in country-specific energy policies and their impact on supply and demand dynamics.
Top countries in Crude Oil Energy Supply by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 82,660 | 2023 | -1.42% | -1.49% | View data |
| 2 | 2 Spain | 68,490 | 2023 | +4.66% | -0.03% | View data |
| 3 | 3 Italy | 65,870 | 2023 | +2.51% | -0.34% | View data |
| 4 | 4 Netherlands | 58,390 | 2023 | +2.99% | +0.83% | View data |
| 5 | 5 United Kingdom | 48,310 | 2023 | -2.5% | -1.95% | View data |
| 6 | 6 France | 46,540 | 2023 | +2.25% | -3.33% | View data |
| 7 | 7 Belgium | 34,610 | 2023 | +4.94% | +0.81% | View data |
| 8 | 8 Poland | 26,270 | 2023 | +1.29% | -0.85% | View data |
| 9 | 9 Greece | 23,890 | 2023 | +1.18% | -0.2% | View data |
| 10 | 10 Sweden | 17,870 | 2023 | -0.91% | -2.47% | View data |
Latest reports
US Oil & Gas Market Report- Q4 2024
The fourth quarter of 2024 saw transformative developments in the U.S. oil and gas industry, driven by technological integration, market dynamics, and regulatory...
Japan Oil & Gas Market Report- Q4 2024
The Japan Oil & Gas market in Q4 2024 is characterized by a dynamic shift towards renewable energy integration, influenced by governmental policies...
India Oil & Gas Market Report- Q4 2024
The India Oil & Gas market in Q4 2024 is characterized by an intricate interplay of geopolitical tensions, strategic corporate maneuvers, and significant...
UK Oil & Gas Market Report- Q4 2024
In the fourth quarter of 2024, the UK Oil & Gas market was characterized by significant shifts and strategic adaptations. The sector witnessed...
France Oil & Gas Market Report- Q4 2024
The France oil and gas market in Q4 2024 showcases a dynamic landscape marked by strategic shifts, regulatory challenges, and technological advancements. As...
Canada Oil & Gas Market Report- Q4 2024
In the fourth quarter of 2024, Canada's oil and gas market demonstrated resilience amidst fluctuating global conditions. Key industry players such as Suncor...
Brazil Oil & Gas Market Report- Q4 2024
In the fourth quarter of 2024, Brazil's Oil & Gas market faced significant challenges and opportunities, driven by both domestic factors and international...
Italy Oil & Gas Market Report- Q4 2024
The fourth quarter of 2024 marked a pivotal period for Italy's Oil & Gas industry, characterized by significant shifts towards renewable energy integration,...
South Korea Oil & Gas Market Report- Q1 2025
In the first quarter of 2025, the South Korean oil and gas sector witnessed a strategic pivot towards renewable energy sources, driven by...
Australia Oil & Gas Market Report- Q4 2024
The Australian oil and gas industry in the fourth quarter of 2024 experienced significant developments across various segments, driven by strategic expansions, technological...
