In 2023, among European countries, Spain led the consumption of solid biofuels in the food, beverage, and tobacco sectors, registering a positive year-on-year growth rate of 1.36%. While France and the United Kingdom faced declines, Serbia and Hungary experienced significant growth with increases of 9.47% and 7.29% respectively. Central and Eastern Europe saw varied growth: Croatia surged by 14.22%, Slovakia by 29.01%, while Latvia and Albania saw declines. Germany and Belgium showed moderate growth, while Greece and Poland struggled with notable reductions.
Looking ahead, continued expansion in renewable energy policies may drive biofuel utilization across Europe. Countries investing heavily in sustainable practices, such as Slovakia and Denmark, are likely to see increased consumption. However, the trajectory may be challenged by geopolitical factors, economic conditions, and technological advancements in alternative energy sources. Vigilance towards regulatory changes and technological innovations will be crucial in predicting future trends in this market.
Top countries in Primary Solid Biofuels Final Consumption in Food, Beverages and Tobacco Sectors Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 34.36 | 2023 | +2.58% | +1.36% | View data |
| 2 | 2 France | 11.26 | 2023 | +1.87% | -1.46% | View data |
| 3 | 3 Serbia | 8.41 | 2023 | +5.87% | +9.47% | View data |
| 4 | 4 Hungary | 6.16 | 2023 | +2.77% | +7.29% | View data |
| 5 | 5 United Kingdom | 4.91 | 2023 | +6.03% | -0.45% | View data |
| 6 | 6 Greece | 4.8 | 2023 | +0.76% | -8.52% | View data |
| 7 | 7 Belgium | 4.44 | 2023 | +5.15% | +1.04% | View data |
| 8 | 8 Germany | 4.23 | 2023 | +6.33% | +8.13% | View data |
| 9 | 9 Sweden | 2.48 | 2023 | +2.52% | +8.56% | View data |
| 10 | 10 Portugal | 2.36 | 2023 | -4.39% | +2.79% | View data |
