Key Market Indicators
Luxembourg's bioenergy consumption is projected to reach approximately 2.8 million metric tons by 2028. This marks an increase from around 2.6 million metric tons in 2023, reflecting a compound annual growth rate (CAGR) of 0.9%. Since 2005, the country's demand for bioenergy has consistently grown at an annual rate of 0.9%. In the 2023 rankings, Luxembourg was positioned 31st globally in bioenergy consumption. Macedonia slightly edged out Luxembourg with a consumption of about 2.6 million metric tons. Leading the rankings were France, the United Kingdom, and Poland, occupying the second, third, and fourth positions respectively.
