The analysis of the European Natural Gas Liquids (NGL) gross inland consumption in terajoules for 2024 reveals that Norway holds the largest share, followed by the Netherlands and the United Kingdom. Notably, there have been declines in most countries from 2023, with Norway, the Netherlands, and the United Kingdom experiencing reductions of 5.9%, 5.58%, and 2.48%, respectively. Serbia, Montenegro, and Ukraine showed slight increases, with Serbia registering an 11.66% growth. Belgium and Austria experienced significant decreases, at 40.51% and 45.53% respectively.
Looking forward, European NGL consumption is likely to focus more on sustainable energy sources, possibly leading to further reductions in fossil fuel reliance. Market players should monitor regulatory developments, advancements in clean technology, and geopolitical influences, which could reshape consumption patterns across Europe. The commitment to environmental sustainability could accelerate the transition from traditional energy sources to greener alternatives.
Top countries in Natural Gas Liquids Gross Inland Consumption Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 44.63 | 2023 | -2.12% | -5.9% | View data |
| 2 | 2 Netherlands | 27.7 | 2023 | -6.07% | -5.58% | View data |
| 3 | 3 United Kingdom | 16.16 | 2023 | -2.59% | -2.48% | View data |
| 4 | 4 Ukraine | 4.26 | 2023 | -0.67% | +0.79% | View data |
| 5 | 5 Finland | 4.18 | 2023 | +7.01% | -10.36% | View data |
| 6 | 6 France | 0.88 | 2023 | +12.1% | -14.64% | View data |
| 7 | 7 Hungary | 0.82 | 2023 | -11.07% | -9.84% | View data |
| 8 | 8 Romania | 0.56 | 2023 | -2.97% | +1.77% | View data |
| 9 | 9 Serbia | 0.4 | 2023 | +4.51% | +11.66% | View data |
| 10 | 10 Croatia | 0.29 | 2023 | -4.36% | -4.15% | View data |
