In 2023, Spain led European consumption of blended biodiesels in the fishing sector with 362.97 Terajoules, followed by Sweden with 298.85 Terajoules. Spain's consumption increased by 6.4%, while Sweden saw a decline of 1.17%. Portugal experienced the highest growth at 9.06% to reach 44.07 Terajoules. Finland, Iceland, Malta, Norway, and Latvia maintained stable consumption levels with no change recorded in 2023.
Future trends to watch for include potential growth in countries with currently low consumption, spurred by policy changes promoting biodiversity and reduced carbon footprints, technological advancements, and increased regulatory pressures on sustainable practices in the fishing sector.
Top countries in Blended Biodiesels Final Consumption in Fishing Sector by Country
| # | 8 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 362.97 | 2023 | +42.01% | +6.4% | View data |
| 2 | 2 Sweden | 298.85 | 2023 | +14.12% | -1.17% | View data |
| 3 | 3 Portugal | 44.07 | 2023 | +2.08% | +9.06% | View data |
| 4 | 4 Finland | 5.49 | 2023 | +4.22% | View data | |
| 5 | 5 Iceland | 3.04 | 2023 | +11.44% | View data | |
| 6 | 6 Malta | 2.53 | 2023 | +4.16% | View data | |
| 7 | 7 Norway | 0.17 | 2023 | +3.66% | View data | |
| 8 | 8 Latvia | 0.018 | 2023 | 0% | View data |
