Germany leads in natural gas consumption in the European chemical and petrochemical sector, at 26.1 thousand tonnes oil equivalent. France and Spain follow, with the latter showing an increase. Notably, Italy saw an 11.43% spike in 2023. The United Kingdom's consumption decreased, as did several Eastern European countries. Rapid increases in countries like Moldova and Bosnia point towards localized growth. Over the last five years, the sector has shown varied growth, marked by a compound annual growth driven by significant consumption increases in Italy and smaller European markets.
Future trends to watch include shifts in energy sources due to EU's Green Deal. Countries with significant increases could lead further adoption of alternative energy, focusing on sustainability. Monitoring changes in geopolitical tensions and their impact on natural gas supply will be critical. Technological innovations could also influence consumption patterns.
Top countries in Chemical and Petrochemical Sector Final Consumption of Natural Gas Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.1 | 2023 | +0.76% | +0.58% | View data |
| 2 | 2 France | 14.27 | 2023 | +0.13% | -0.55% | View data |
| 3 | 3 Spain | 12.56 | 2023 | +1.07% | +1.18% | View data |
| 4 | 4 Netherlands | 10.08 | 2023 | +1.56% | +2.01% | View data |
| 5 | 5 Italy | 7.61 | 2023 | +11.36% | +11.43% | View data |
| 6 | 6 Belgium | 6.76 | 2023 | +0.76% | +0.96% | View data |
| 7 | 7 United Kingdom | 6.44 | 2023 | -2.74% | -2.73% | View data |
| 8 | 8 Austria | 2.32 | 2023 | +1.68% | +2.34% | View data |
| 9 | 9 Poland | 2.07 | 2023 | +1.87% | +4% | View data |
| 10 | 10 Romania | 1.86 | 2023 | -34.83% | -7.5% | View data |
