The analysis based on 2023 data shows that Germany (5.55 MTOE) leads in natural gas consumption, followed by France (3.04 MTOE) and Spain (2.67 MTOE). Year-on-year variations indicate significant increases for countries like Macedonia (18.6%), Moldova (28.92%), and Bosnia and Herzegovina (10.5%). In contrast, Estonia experienced a sharp decline (-49.91%). Countries such as Italy (11.43%) and the Netherlands (2.01%) also saw positive trends, while others like Ukraine (-3.06%) and Latvia (-8.7%) experienced negative growth.
Future trends to watch in this sector include the impact of green energy transition policies on natural gas consumption, geopolitical factors affecting supply chains, and advancements in chemical and petrochemical production technologies that may alter demand patterns.
Top countries in Chemical and Petrochemical Sector Final Consumption of Natural Gas by Country
# | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 5,550 | 2023 | +0.76% | +0.58% | View data |
2 | 2 France | 3,040 | 2023 | +0.13% | -0.55% | View data |
3 | 3 Spain | 2,670 | 2023 | +1.07% | +1.18% | View data |
4 | 4 Netherlands | 2,140 | 2023 | +1.56% | +2.01% | View data |
5 | 5 Italy | 1,620 | 2023 | +11.36% | +11.43% | View data |
6 | 6 Belgium | 1,440 | 2023 | +0.76% | +0.96% | View data |
7 | 7 United Kingdom | 1,370 | 2023 | -2.74% | -2.73% | View data |
8 | 8 Austria | 493.86 | 2023 | +1.68% | +2.34% | View data |
9 | 9 Poland | 440.83 | 2023 | +1.87% | +4% | View data |
10 | 10 Romania | 395.83 | 2023 | -34.83% | -7.5% | View data |