The consumption of fuel oil in European countries for commercial and public services in 2023 showed varied trends. The United Kingdom led with the highest consumption despite a 5.4% decline. Notable increases were seen in Romania (+29.73%) and Bulgaria (+17.58%). Conversely, Spain experienced a dramatic reduction of 40.52%. Malta and Cyprus achieved growth at 9.12% and 3.71% respectively, while substantial decreases were noted in Greece (-24.14%) and Denmark (-20.14%). The year-on-year performance hints at shifting energy strategies and resource utilizations among European countries.
Future trends to watch include:
- Accelerated transition towards renewable energy as countries seek to decrease dependence on fuel oil in alignment with sustainability goals.
- Potential volatility in fuel oil consumption due to geopolitical factors affecting the energy supply chain.
- Investment in alternative technologies and infrastructure to support non-fossil-based commercial activities.
- Policy-driven efforts across the EU to enhance energy efficiency and reduce emissions in public services sectors.
Top countries in Fuel Oil Final Consumption in Commercial and Public Services Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 37.69 | 2023 | -5.98% | -5.4% | View data |
| 2 | 2 Finland | 18.86 | 2023 | +0.89% | +1.37% | View data |
| 3 | 3 Serbia | 12.44 | 2023 | +0.0077% | -8.53% | View data |
| 4 | 4 Austria | 9.63 | 2021 | +8600% | -6.05% | View data |
| 5 | 5 Portugal | 4.15 | 2023 | -43.58% | -25.24% | View data |
| 6 | 6 Czech Republic | 3.23 | 2023 | +2.26% | +14.89% | View data |
| 7 | 7 Malta | 2.81 | 2023 | +1.91% | +9.12% | View data |
| 8 | 8 Ukraine | 2.44 | 2023 | +3.82% | -1.25% | View data |
| 9 | 9 Macedonia | 2.18 | 2023 | -23.78% | -8.69% | View data |
| 10 | 10 Spain | 1.86 | 2023 | -77.98% | -40.52% | View data |