Key Market Indicators
Japan's energy consumption is predicted to reach 17 exajoules by 2026. This is a decrease of 0.9% compared to 2021, when it was at 17.74 exajoules, and it has been dropping by 1.2% year on year since 1970. Japan came in fifth position in 2021 in global consumption, overtaken by Russia at 17.74 exajoules. The United States, India and Russia were in the top three positions respectively. Japan's energy supply is expected to reach 357 million tonnes of oil equivalent by 2026. This is a decrease of 1.4% compared to 2021, when it was at 378.49 million tonnes of oil equivalent, and it has been declining by 2.5% year on year since 1965. Japan was fifth in 2021, behind Russia at 378.49 million tonnes of oil equivalent. The United States, India and Russia were the top three in this ranking.