In 2023, Italy led European solar thermal final consumption in the industry with 12.1 thousand tonnes of oil equivalent, followed by Spain and France. Notably, France experienced a significant annual increase of 21.83%. Other notable growth occurred in Albania and Romania, whereas Germany showed a decline of 4.48%, suggesting potential challenges in their adoption of solar thermal technology. Over the past five years, the average growth per year (CAGR) in this sector suggests a gradual yet varied expansion across these countries.
Looking ahead, countries such as France and Albania, which have shown promising recent growth, could continue to drive the sector's development. Additionally, monitoring advancements in solar thermal technology and legislative support in key markets could influence future trends in consumption throughout Europe.
Top countries in Solar Thermal Final Consumption in Industry by Country
| # | 9 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 12.1 | 2023 | +5.22% | +2.07% | View data |
| 2 | 2 Spain | 2.86 | 2023 | +0.11% | +0.55% | View data |
| 3 | 3 France | 2.65 | 2023 | +17.13% | +21.83% | View data |
| 4 | 4 Greece | 1.75 | 2023 | +2.34% | +2.76% | View data |
| 5 | 5 Albania | 1.28 | 2023 | +6.23% | +5.45% | View data |
| 6 | 6 Romania | 0.87 | 2023 | +5.59% | +5.24% | View data |
| 7 | 7 Cyprus | 0.42 | 2023 | +2.66% | +1.12% | View data |
| 8 | 8 Germany | 0.17 | 2023 | +27.61% | -4.48% | View data |
| 9 | 9 Belgium | 0.085 | 2023 | +2.41% | +0.24% | View data |
