The Netherlands leads European fuel oil exports by a significant margin with 983.36 thousand terajoules. Belgium and France follow, yet their exports are substantially lower. Denmark and Germany saw notable increases in shipments, unlike Sweden and Spain, which experienced significant declines. Smaller contributors such as Malta and Bosnia and Herzegovina showed remarkable percentage growth. Some countries, such as Hungary and the United Kingdom, recorded double-digit declines.
Future-trend analysis suggests observing the Netherlands for potential further growth, along with fluctuating patterns in mid-sized exporters like Denmark and Germany. The evolution of fuel policies and environmental regulations will likely affect fuel oil exports. Additionally, the shift toward renewable energy sources could gradually impact fuel oil demand. Watching these trends will be crucial for anticipating how export volumes may shift in the coming years.
Top countries in Fuel Oil Exports by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 983,360 | 2023 | -0.54% | +16.21% | View data |
| 2 | 2 Belgium | 207,070 | 2023 | +5.58% | -2.23% | View data |
| 3 | 3 France | 164,610 | 2023 | +9.85% | -3.41% | View data |
| 4 | 4 Italy | 163,420 | 2023 | +2.23% | -1.69% | View data |
| 5 | 5 Denmark | 157,580 | 2023 | -0.22% | +6.4% | View data |
| 6 | 6 Germany | 156,070 | 2023 | +3.45% | +7.8% | View data |
| 7 | 7 Greece | 129,650 | 2023 | +5.52% | -3.4% | View data |
| 8 | 8 Sweden | 113,920 | 2023 | -0.75% | -9.2% | View data |
| 9 | 9 Poland | 97,630 | 2023 | +13.83% | -2.93% | View data |
| 10 | 10 Spain | 84,000 | 2023 | -3.75% | -11.18% | View data |