In 2023, Norway led European Natural Gas Liquids (NGLs) energy supply with 7.72 Million Tonnes of Oil Equivalent (MTOE), followed by the Netherlands at 4.79 MTOE, and the United Kingdom at 2.8 MTOE. Smaller contributors included Ukraine and Finland with 0.73522 and 0.66003 MTOE respectively. Over the last year, notable declines were observed in Finland (-11.98%), France (-14.64%), and Belgium (-40.51%), while Austria and Serbia showed significant growth at 16.74% and 11.99% respectively.
Over the last five years, average annual changes in NGL energy supply exhibit moderate volatility, suggesting shifting dynamics in production and consumption patterns across various countries. Future trends to watch include potential further declines in traditional leaders like Norway, potential recovery or further declines in countries like France and Belgium, and growth trends in emerging contributors such as Serbia and Austria. The European NGL market will likely continue to evolve in response to broader energy trends and regulatory changes aimed at sustainability and reducing carbon footprints.
Top countries in Natural Gas Liquids Energy Supply by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 7,720 | 2023 | -2.12% | -5.9% | View data |
| 2 | 2 Netherlands | 4,790 | 2023 | -6.07% | -5.58% | View data |
| 3 | 3 United Kingdom | 2,800 | 2023 | -2.59% | -2.48% | View data |
| 4 | 4 Ukraine | 735.22 | 2023 | -1.03% | +0.5% | View data |
| 5 | 5 Finland | 660.03 | 2023 | +2.02% | -11.98% | View data |
| 6 | 6 Hungary | 183.84 | 2023 | +1.1% | -5.14% | View data |
| 7 | 7 France | 152.07 | 2023 | +12.1% | -14.64% | View data |
| 8 | 8 Romania | 106.59 | 2023 | +0.5% | +3.9% | View data |
| 9 | 9 Serbia | 70.28 | 2023 | +5.5% | +11.99% | View data |
| 10 | 10 Croatia | 52.61 | 2023 | -1.84% | -3.22% | View data |
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