Mexico leads the global support for natural gas producers with $25.28 million in 2024, reflecting a substantial year-on-year increase of 144.32%. Countries like the United Kingdom and China also exhibit robust growth, with increases of 15.22% and 5.91%, respectively. Conversely, the United States and Canada have reduced support, with declines of 18.05% and 12.53% each. Over the past five years, Argentina and Indonesia have shown consistent growth in support, while France and Italy displayed moderate increases.
Future trends to watch for include Mexico's potential to continue leading if current growth dynamics persist, along with the impacts of geopolitical and economic shifts on the support levels of major producers like China and the United States. Observing environmental policies and renewable energy developments may also influence natural gas support trends across different regions.
Top countries in Total Support on Natural Gas for Producers Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 25.28 | 2023 | +28.15% | +144.32% | View data |
| 2 | 2 United Kingdom | 17.32 | 2023 | +6.98% | +15.22% | View data |
| 3 | 3 China | 13.38 | 2023 | +1.01% | +5.91% | View data |
| 4 | 4 Argentina | 11.42 | 2023 | +19.8% | +1.82% | View data |
| 5 | 5 Japan | 7.61 | 2023 | +1.98% | +5.4% | View data |
| 6 | 6 Indonesia | 5.47 | 2023 | +2.1% | +30.03% | View data |
| 7 | 7 Azerbaijan | 4.98 | 2023 | +35.34% | +11.11% | View data |
| 8 | 8 Denmark | 4.3 | 2023 | +20.79% | +37.36% | View data |
| 9 | 9 Canada | 2.56 | 2023 | -14.28% | -12.53% | View data |
| 10 | 10 United States | 2.15 | 2023 | -23.09% | -18.05% | View data |
