The 2024 forecast suggests France holds the largest jet fuel stocks in Europe, closely followed by Germany. Significant stock growth is evident in the Netherlands, Ireland, and Latvia in 2023, driven by double-digit percentage increases. Conversely, Iceland and Romania experienced notable reductions, possibly due to decreased production or increased consumption. Over the past five years, the compound annual growth rate (CAGR) highlights a stable or modest growth pattern across most countries, with variations largely due to local economic activities and geopolitical changes.
Future trends to watch include fluctuations in demand due to changing travel patterns, enhanced fuel efficiency in newer aircraft, and potential policy shifts relating to aviation emissions in Europe. Additionally, economic recovery post-COVID-19 and geopolitical relations impacting supply chains might influence stock levels.
Top countries in Kerosene-Type Jet Fuel Closing Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,440 | 2023 | +1.59% | -0.11% | View data |
| 2 | 2 Germany | 1,430 | 2023 | +2.15% | +0.35% | View data |
| 3 | 3 United Kingdom | 1,110 | 2023 | +0.63% | +4.06% | View data |
| 4 | 4 Spain | 846.73 | 2023 | +1.44% | +2.57% | View data |
| 5 | 5 Italy | 766.49 | 2023 | +0.92% | -0.46% | View data |
| 6 | 6 Belgium | 648.5 | 2023 | +2.24% | +3.45% | View data |
| 7 | 7 Netherlands | 560.6 | 2023 | +2.02% | +5.7% | View data |
| 8 | 8 Ireland | 390.07 | 2023 | +2.73% | +14.61% | View data |
| 9 | 9 Sweden | 339.65 | 2023 | +1.39% | +0.6% | View data |
| 10 | 10 Greece | 318.81 | 2023 | -1.74% | -4.43% | View data |
