Macedonia leads European consumption of petroleum coke in the iron and steel sectors with 519.72 GWh, significantly growing by 16.64% in 2023. France and Kosovo show declining consumption by 6.98% and 4.92% respectively. Norway and the Netherlands are stable, while Sweden, Belgium, Albania, Poland, and Croatia exhibit positive growth rates. Germany's and Greece's minor decreases highlight variability in larger economies. Significant CAGR over the past five years indicates steady growth in Sweden, Belgium, and Macedonia.
Future trends to watch include a potential increase in sustainable energy sources, impacting petroleum coke consumption, and advancements in the decarbonization of the European steel industry. Monitoring regulatory changes aimed at reducing fossil fuel reliance will also be critical.
Top countries in Petroleum Coke Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Macedonia | 519.72 | 2023 | +6.86% | +16.64% | View data |
| 2 | 2 France | 73.91 | 2023 | +22.81% | -6.98% | View data |
| 3 | 3 Kosovo | 71.33 | 2023 | -7.89% | -4.92% | View data |
| 4 | 4 Norway | 43.99 | 2023 | +29.91% | View data | |
| 5 | 5 Germany | 43.56 | 2023 | +6.59% | -0.4% | View data |
| 6 | 6 Sweden | 36.88 | 2023 | +6.84% | +13.79% | View data |
| 7 | 7 Belgium | 33.56 | 2023 | +3.69% | +7.75% | View data |
| 8 | 8 Albania | 29.41 | 2023 | +7.92% | +15.01% | View data |
| 9 | 9 Poland | 14.8 | 2023 | +2.81% | +6.01% | View data |
| 10 | 10 Greece | 9.65 | 2023 | +2.04% | -7.22% | View data |
