Analyzing the 2023 data on European Biomass Domestic Extraction, Latvia leads with the highest per capita extraction at 9.28 metric tons, followed by Estonia, Lithuania, and Finland closely. Denmark and Ireland are middle-tier producers, while Malta and Cyprus have the lowest extraction rates. Over the last two years, Latvia and Lithuania showed robust increases of 5.73% and 4.58% respectively, while Finland slightly declined by 0.12%. Iceland and Spain saw notable declines of 2.08% and 2.95% respectively. Other notable variations include a 3.62% increase in Norway and a 3.11% rise in Estonia.
Future trends to watch for European Biomass Domestic Extraction include increasing technological advancements in biomass conversion and extraction efficiency, potential changes in governmental policies impacting biomass production, and varying climate conditions which could affect biomass yields. Attention should also be given to non-traditional biomass-producing countries that may start increasing their output. Environmental regulations and sustainability concerns will continue to shape the biomarket’s landscape in Europe.
Top countries in Biomass Domestic Extraction by Country
| # | 10 Countries | Metric Tons Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Latvia | 9.28 | 2023 | +1.97% | +5.73% | View data |
| 2 | 2 Estonia | 8.77 | 2023 | +1.01% | +3.11% | View data |
| 3 | 3 Lithuania | 8.62 | 2023 | +6.68% | +4.58% | View data |
| 4 | 4 Finland | 8.62 | 2023 | -1.35% | -0.12% | View data |
| 5 | 5 Denmark | 6.51 | 2023 | -0.2% | +2.08% | View data |
| 6 | 6 Ireland | 6.51 | 2023 | -0.85% | +1.19% | View data |
| 7 | 7 Sweden | 6.49 | 2023 | +0.62% | +1.68% | View data |
| 8 | 8 Serbia | 5.57 | 2023 | +0.91% | -0.58% | View data |
| 9 | 9 Iceland | 5.09 | 2023 | -2.51% | -2.08% | View data |
| 10 | 10 Bulgaria | 4.48 | 2023 | +5.14% | +1.16% | View data |