The European LPG transformation output share in 2023 shows Norway leading significantly, with marked decreases in output for countries like France and Ireland. Noteworthy growth was observed in Belgium and Serbia, with increases of 6.18% and 7.65% respectively. Lithuania and the Czech Republic experienced notable upward trends, while countries such as Croatia and Bosnia and Herzegovina saw significant declines of nearly 8% and 33.5% respectively. Over the past five years, the average growth (CAGR) across the region exhibited moderate changes, with variations dependent on political, economic, and technological advances within each country.
Future trends to watch include technological advancements in LPG processing and shifting energy policies in Europe favoring green energy, which may affect LPG demand and output. Additionally, geopolitical developments, particularly involving supply chains from Eastern Europe, could influence national output shares. Monitoring investment in alternative energy sources among top producers will also be crucial, as this could lead to a shift in the LPG landscape.
Top countries in Liquefied Petroleum Gases Transformation Output Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 22.27 | 2023 | +0.64% | -3.92% | View data |
| 2 | 2 United Kingdom | 12.88 | 2023 | -0.67% | +0.68% | View data |
| 3 | 3 Germany | 12.67 | 2023 | +3.1% | +0.4% | View data |
| 4 | 4 Netherlands | 7.44 | 2023 | +1.03% | +1.78% | View data |
| 5 | 5 Spain | 6.99 | 2023 | +3.98% | -0.93% | View data |
| 6 | 6 Italy | 6 | 2023 | +1.38% | +0.57% | View data |
| 7 | 7 France | 5.36 | 2023 | +1.59% | -2.54% | View data |
| 8 | 8 Belgium | 4.37 | 2023 | +1.33% | +6.18% | View data |
| 9 | 9 Greece | 3.36 | 2023 | +0.55% | -0.038% | View data |
| 10 | 10 Romania | 2.81 | 2023 | +5.68% | +0.86% | View data |
