Oil Consumption — - Oil Consumption refers to the total amount of petroleum products used within a country during a given year for energy and non-energy purposes. It is typically measured in thousand barrels per day (kb/d) and represents the demand for oil-based fuels and products across the economy. The indicator includes the use of refined petroleum products such as gasoline, diesel, jet fuel, kerosene, fuel oil, and other oil-derived products consumed by transportation, industry, power generation, residential, commercial, and other sectors. Oil Consumption is a key measure of a country’s energy demand, economic activity, transportation intensity, and dependence on petroleum resources.
Measured in thousand barrels daily, the dataset serves as an important indicator of energy demand, transportation fuel consumption, industrial activity, and the performance of Egypt's oil market. It enables assessment of long-term consumption patterns, market dynamics, and changes in petroleum demand across major consuming sectors, supporting analysis of the country's evolving energy landscape and economic development.
Egypt's oil consumption increased from 817 thousand barrels daily in 2015 to 843 thousand in 2016, before easing to 809 thousand in 2017 and declining further to 727 thousand barrels daily in 2018 and 692 thousand in 2019. Demand fell to 607 thousand barrels daily in 2020, reflecting reduced transportation activity and weaker economic performance. Consumption recovered to 654 thousand barrels daily in 2021 and 756 thousand in 2022, before easing slightly to 742 thousand barrels daily in 2023. Although consumption remained below the levels recorded during the early years of the review period, the post-pandemic recovery indicates improving domestic fuel demand.
Overall, the dataset indicates moderate fluctuations in Egypt's oil consumption, characterized by a gradual decline before 2020 and a steady recovery thereafter. The improvement observed between 2021 and 2023 reflects strengthening economic activity, expanding transportation demand, and continued industrial fuel consumption. The dataset serves as a valuable resource for monitoring oil consumption trends, evaluating energy demand, supporting market analysis, forecasting future petroleum consumption, and enabling policymakers, researchers, investors, and industry stakeholders to develop informed energy policies, infrastructure strategies, and long-term investment decisions.