In 2023, France leads European LPG final consumption in industry with a share of 12.78 Terajoules. Finland and Sweden follow respectively with 12.19 and 11.18 Terajoules. Countries like Belgium, Italy, and Norway show positive growth, with Italy experiencing the highest increase at 3.56%. Conversely, the United Kingdom and Moldova report significant declines of 15.97% and 18.01%. Germany, Greece, and Spain also face declines. In 2024, Ukraine is expected to exhibit the highest growth with a 28.59% increase. Estonia and Slovakia also project robust rises of 10.0% and 10.83% respectively, whereas Portugal and Denmark will see considerable gains at 3.83% and 2.87%.
Future trends to watch include potential increases in renewable energy utilization, policy shifts, and economic fluctuations affecting LPG consumption. Enhanced energy efficiency measures and technological advancements in alternative energy sources might reduce Europe's dependency on LPG in the industry.
Top countries in Liquefied Petroleum Gases Final Consumption in Industry Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 12.78 | 2023 | +2.13% | +0.32% | View data |
| 2 | 2 Finland | 12.19 | 2023 | +5.15% | -2.25% | View data |
| 3 | 3 Sweden | 11.18 | 2023 | +2.98% | -0.64% | View data |
| 4 | 4 Belgium | 8.38 | 2023 | +3.01% | +1.1% | View data |
| 5 | 5 Norway | 7.52 | 2023 | +3.28% | +2.89% | View data |
| 6 | 6 Italy | 6.43 | 2023 | -0.006% | +3.56% | View data |
| 7 | 7 Ukraine | 4.82 | 2023 | +14.02% | +28.59% | View data |
| 8 | 8 Hungary | 4.75 | 2023 | +1.84% | +2.52% | View data |
| 9 | 9 Greece | 4.53 | 2023 | -1.76% | -2.3% | View data |
| 10 | 10 Spain | 3.39 | 2023 | -9.69% | -3.82% | View data |