The 2023 data showed Denmark leading in European Natural Gas Transformation output with 28.58 terajoules, followed by France and the United Kingdom. Denmark saw substantial growth at 33.57% year-on-year, as did France with an impressive 64.38% increase. Belgium also experienced a remarkable surge of 235.61% but from a lower base. Germany and countries like Austria, Sweden, and Ireland remained stagnant. Over a five-year period, the Compounded Annual Growth Rate (CAGR) for these outputs indicates fluctuating trends primarily driven by shifts in energy policies and consumption patterns.
The future trends to watch include advancements in gas transformation technologies, shifts towards renewable energy sources, and potential policy changes in response to climate commitments. Countries may focus on optimizing gas outputs to align with these transformations, which could redefine their shares in the European market.
Top countries in Natural Gas Transformation Output Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 28.58 | 2023 | +20.69% | +33.57% | View data |
| 2 | 2 France | 26.43 | 2023 | +32.66% | +64.38% | View data |
| 3 | 3 United Kingdom | 19.17 | 2023 | +6.15% | +7.62% | View data |
| 4 | 4 Italy | 9.71 | 2023 | +28.03% | +60.14% | View data |
| 5 | 5 Netherlands | 9.13 | 2023 | +7.26% | +15.57% | View data |
| 6 | 6 Germany | 4.39 | 2023 | +2.66% | View data | |
| 7 | 7 Belgium | 0.71 | 2023 | +44.84% | +235.61% | View data |
| 8 | 8 Finland | 0.54 | 2023 | +8.31% | +9.05% | View data |
| 9 | 9 Austria | 0.44 | 2023 | +2.17% | View data | |
| 10 | 10 Spain | 0.33 | 2023 | +2.81% | +2.46% | View data |
