In 2023, Italy led European fuel oil final consumption in the non-ferrous metal sector with 31.63 GWh, marking a solid 1.31% increase from previous year. Spain followed with 23.89 GWh, up 1.03%. Germany saw significant growth at 5.15%, reaching 14.06 GWh. Conversely, Bulgaria and Finland faced declines of 3.2% and 10.55%, respectively. Serbia showed notable growth of 6.7%, along with Kosovo at a modest increase. Austria grew by 1.57%, while Belgium saw a steep decline of 18.41%.
Future trends to watch include the impact of energy transition policies, evolving environmental regulations, and shifts towards alternative energy sources, potentially reducing dependence on fuel oil in the sector across European countries. Additionally, technological advancements in metal production may influence energy consumption patterns.
Top countries in Fuel Oil Final Consumption in Non-Ferrous Metal Sector Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 31.63 | 2023 | +13.05% | +1.31% | View data |
| 2 | 2 Spain | 23.89 | 2023 | +6.96% | +1.03% | View data |
| 3 | 3 Germany | 14.06 | 2023 | -0.095% | +5.15% | View data |
| 4 | 4 Bulgaria | 6.77 | 2023 | -1.44% | -3.2% | View data |
| 5 | 5 Serbia | 6.33 | 2023 | +7.77% | +6.7% | View data |
| 6 | 6 Kosovo | 5.9 | 2023 | -1.68% | +0.009% | View data |
| 7 | 7 Poland | 4.1 | 2023 | -2.86% | -0.28% | View data |
| 8 | 8 Finland | 2.98 | 2023 | -7.48% | -10.55% | View data |
| 9 | 9 Sweden | 2.06 | 2023 | +3.27% | -0.01% | View data |
| 10 | 10 Ireland | 0.5 | 2021 | -63.01% | -2.37% | View data |
