In 2023, Germany stood as the leading importer of fossil energy in Europe with 236.35 million tonnes of oil equivalent, followed by the Netherlands and France. Over the past two years, notable increases were observed in Austria and Hungary, while marked declines were seen in Finland, Sweden, and Poland. The average annual change over five years, however, reflects moderate growth, suggesting a gradual shift in consumption patterns across the European market, with emerging trends toward diversification in import sources.
Future trends to watch include geopolitical shifts impacting supply chains, the accelerating transition towards renewable energy sources, and evolving regulations aiming to reduce dependency on fossil fuels. These factors will likely influence the import dynamics and reshape the energy landscape in Europe. Policymakers and industry stakeholders will need to adapt to these changes to ensure energy security and sustainability.
Top countries in Fossil Energy Imports by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 236,350 | 2023 | +2% | +0.51% | View data |
| 2 | 2 Netherlands | 187,630 | 2023 | +3.19% | +0.41% | View data |
| 3 | 3 France | 148,890 | 2023 | +3.41% | +0.078% | View data |
| 4 | 4 Italy | 148,680 | 2023 | +2.48% | -0.26% | View data |
| 5 | 5 United Kingdom | 135,170 | 2023 | -0.06% | -0.51% | View data |
| 6 | 6 Spain | 129,610 | 2023 | +4.23% | -0.035% | View data |
| 7 | 7 Belgium | 87,290 | 2023 | +3.43% | +0.28% | View data |
| 8 | 8 Poland | 60,020 | 2023 | +1.3% | -1% | View data |
| 9 | 9 Greece | 38,910 | 2023 | +1.05% | +0.17% | View data |
| 10 | 10 Sweden | 30,030 | 2023 | -0.51% | -1.72% | View data |