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Serbia Hydropower Industry Outlook 2022 - 2026

See how Serbia Hydropower performed compared to key markets such as Norway, Sweden and France.

Key Market Indicators

Serbia's hydro power consumption is expected to drop slightly to 32.2 terajoules by 2026. This is compared to 32.9 terajoules in 2021 and represents an average annual decrease of 0.6%. Since 1995, Serbian demand has decreased by an average of 3.3% each year. In 2021, Serbia ranked 12th in the world for hydro power consumption, below Portugal at 32.9 terajoules. Sweden, France and Italy ranked 2nd, 3rd and 4th respectively. Serbia's hydro power generation is also expected to fall by 0.5% each year, from 33.6 terajoules in 2021 to 32.9 terajoules in 2026. Since 1995, Serbian supply has decreased by an average of 2.9% annually. Serbia placed 12th in the world for hydro power generation in 2021, behind Portugal at 33.6 terajoules. Sweden, France and Italy followed in the rankings, taking 2nd, 3rd and 4th respectively.

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Serbia Hydropower Market Data and Forecasts

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