The European Fuel Oil (Low Sulphur <1%) Closing Stock in 2024 reflects varied changes across countries. Notably, the Netherlands leads with a significant increase of 21.37%, while Poland shows an exceptional rise of 58.29% in 2023. Ireland, Bulgaria, and Greece also present notable upward trends. Conversely, declines are marked in Ukraine with -34.49%, Austria -15.67%, and the Czech Republic with a sharp -21% decrease. Finland, Italy, and multiple other countries signal mild to moderate declines, indicating regional inventory adjustments.
Future trends to watch in European Fuel Oil (Low Sulphur <1%) inventories include potential adjustments due to energy policy shifts towards sustainability, technological advancements in refining, and fluctuations in global oil demand. Monitoring geopolitical impacts and regulatory changes will be crucial for understanding future stock dynamics.
Top countries in Fuel Oil (Low Sulphur <1%) Closing Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 1,460 | 2023 | +1.39% | +21.37% | View data |
| 2 | 2 Spain | 663.13 | 2023 | +10.61% | +3.96% | View data |
| 3 | 3 Greece | 508.9 | 2023 | +6.67% | +13.73% | View data |
| 4 | 4 Sweden | 420.26 | 2023 | -6.82% | +4.1% | View data |
| 5 | 5 Finland | 411 | 2023 | +2.24% | -3.34% | View data |
| 6 | 6 Italy | 397.44 | 2023 | -17.44% | -14.91% | View data |
| 7 | 7 Belgium | 327 | 2023 | +1.84% | +7.22% | View data |
| 8 | 8 France | 300.9 | 2023 | -0.86% | +7.22% | View data |
| 9 | 9 Portugal | 262.29 | 2023 | +2.15% | -4.39% | View data |
| 10 | 10 Denmark | 257.21 | 2023 | -1.13% | +3.01% | View data |