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Oil products domestic consumption

After a steep fall in 2020 (-9.2%), global oil products demand rebounded by 5% in 2021 given the easing of lockdowns worldwide and resulting increase in mobility.

Oil products domestic consumption

After a steep fall in 2020 (-9.2%), global oil products demand rebounded by 5% in 2021 given the easing of lockdowns worldwide and resulting increase in mobility.

Breakdown by country (Mt)
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World

Trend over 1990 - 2021 - Mt

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% in total consumption (2021) - Mtoe

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-2.9%


Decline of oil products consumption in Germany.

After a steep fall in 2020 (-9.2%), global oil products demand rebounded by 5% in 2021 given the easing of lockdowns worldwide and resulting increase in mobility.

Demand for oil products was driven by Africa (+7.8%), with +9.5% in Egypt, +8.6% in South Africa and +8.1% in Nigeria, North America (+7.1%, including +7.8% in the United States), CIS (+5.8%) and the Middle East (+5.3%). The rise in oil products consumption was less rapid in Latin America (+4.5%), in Europe (+4%, including -2.9% in Germany), and in Asia (+3.2%), despite +5.5% in India. Indeed, China’s oil products consumption rose only by 2.2% in 2021, as the country pursued a zero-COVID-19 policy that has led to a decline in the demand for transportation. The United States was the world’s largest oil products consumer in 2021, accounting for 17% of global consumption, followed by China (16%) and India (5%).

Global Energy Trends - 2022 Edition

An in-depth analysis of the past year’s key figures, with projections related to the current context (post-pandemic rebound and the energy crisis due to the war in Ukraine).

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Global Energy & CO2 Data

Need more data? All the information presented in this energy data tool are extracted from Global Energy & CO2 Data service, the most comprehensive and up-to-date database on crude oil, NGL, non-conventional oil and refined oil products: production, trades, reserves, transformation, prices, consumption per sector and indicators.

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