The European machinery sector's final consumption of lignite showed considerable variability across countries in 2023. Serbia led the consumption at 79.27 thousand metric tons, increasing by 8.95%. Meanwhile, the Czech Republic experienced a significant decline of 32.99%, and Hungary maintained a stable consumption. Macedonia saw an extraordinary rise of 205.25%. Over the last five years, a longer trend analysis indicates a mix of stability and decline, with Serbia and Macedonia emerging as notable exceptions due to their recent increases.
Future trends to watch in the European machinery sector include:
- Potential shifts in lignite demand due to stricter environmental regulations.
- Technological advancements prompting a reduction in lignite consumption.
- Increased focus on sustainable energy sources impacting traditional lignite-dependent countries.
- Regional variations driven by changes in national energy policies and industrial strategies.
Top countries in Machinery Sector Final Consumption of Lignite Share by Country (Thousand Metric Tons)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 79.27 | 2023 | +7.63% | +8.95% | View data |
| 2 | 2 Czech Republic | 6.32 | 2023 | -58.29% | -32.99% | View data |
| 3 | 3 Bosnia and Herzegovina | 4.81 | 2023 | -5.91% | -9.34% | View data |
| 4 | 4 Montenegro | 2.64 | 2023 | 0% | +4.1% | View data |
| 5 | 5 Hungary | 2.4 | 2023 | 0% | 0% | View data |
| 6 | 6 Macedonia | 1.27 | 2023 | -0.19% | +205.25% | View data |
| 7 | 7 Romania | 0.18 | 2021 | +29.31% | View data | |
| 8 | 8 Bulgaria | 0.093 | 2021 | -22% | View data |
