Germany leads the European market with a consumption share of 23.44 terajoules in the wood and wood products sector as of 2023. Poland and Spain follow, contributing significantly, but with lower values of 15.48 and 7.96 terajoules respectively. Countries like Ukraine and Serbia witnessed notable year-on-year growth, registering increases of 37.59% and 16.45%. Conversely, Sweden and Croatia experienced declines in consumption. The five-year CAGR highlights considerable growth in Eastern European countries, indicating a shift towards renewable energy sources in these regions.
Future trends to watch include the continued expansion of biofuel consumption in Eastern Europe as countries transition to greener sources, driven by supportive government policies and investment in infrastructure. Monitoring improvements in technology and industrial applications in Western Europe could also impact future consumption patterns across the continent.
Top countries in Renewables and Biofuels Final Consumption in Wood and Wood Products Sector Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.44 | 2023 | +2.29% | +2.3% | View data |
| 2 | 2 Poland | 15.48 | 2023 | +4.59% | +6.8% | View data |
| 3 | 3 Spain | 7.96 | 2023 | +3.82% | +1.8% | View data |
| 4 | 4 Latvia | 6.86 | 2023 | +3.46% | +4.83% | View data |
| 5 | 5 Sweden | 6 | 2023 | -0.96% | -3.2% | View data |
| 6 | 6 France | 5.78 | 2023 | +1.25% | -2.5% | View data |
| 7 | 7 Austria | 5.41 | 2023 | +1.97% | +1.47% | View data |
| 8 | 8 Finland | 4 | 2023 | -1.17% | +1.46% | View data |
| 9 | 9 Belgium | 3.35 | 2023 | +2.82% | +1.63% | View data |
| 10 | 10 Romania | 3.17 | 2023 | +7.29% | +1.76% | View data |
