The leading countries in global support for natural gas producers in 2023 include Mexico ($3.04B), the United Kingdom ($2.11B), and China ($1.54B). Significant year-on-year variations were observed: Mexico (147.46%), Indonesia (31.66%), and Ukraine (90.28%) saw notable increases, whereas Canada (-8.14%), Brazil (-6.57%), and the Netherlands (-8.53%) experienced declines. The United States saw a substantial decrease (-25.07%). Over the last 5 years, Compound Annual Growth Rates (CAGR) indicate shifts in support emphasis.
Future trends to watch include Mexico's increasing investment, driven by its burgeoning energy sector, and Indonesia's expanding support reflecting its growing natural gas production capabilities. The volatility in the United States and European countries may continue, influenced by shifts in energy policies and global economic conditions.
Top countries in Total Support on Natural Gas for Producers by Country
| # | 10 Countries | Million US Dollars, Constant = 2020 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 3,040 | 2023 | +28.57% | +147.46% | View data |
| 2 | 2 United Kingdom | 2,110 | 2023 | +8.62% | +15.2% | View data |
| 3 | 3 China | 1,540 | 2023 | +1.21% | +6.69% | View data |
| 4 | 4 Argentina | 1,240 | 2023 | +18% | +3.75% | View data |
| 5 | 5 Japan | 1,020 | 2023 | +3.62% | +7.68% | View data |
| 6 | 6 Indonesia | 671.38 | 2023 | +3.02% | +31.66% | View data |
| 7 | 7 Azerbaijan | 592.6 | 2023 | +35.03% | +13.03% | View data |
| 8 | 8 Denmark | 483.93 | 2023 | +19.78% | +36.25% | View data |
| 9 | 9 Canada | 381.24 | 2023 | -8.26% | -8.14% | View data |
| 10 | 10 Brazil | 203.73 | 2023 | -8.13% | -6.57% | View data |
