The 2023 data on fossil energy consumption within Europe's iron and steel sectors indicate Ukraine leading, with reductions observed across key countries like Germany, Italy, and Poland. Slovakia and Romania noted significant decreases. Austria and Norway were exceptions, registering positive growth. Smaller economies like Iceland, Kosovo, and Malta showed noteworthy increases, albeit from a lower base. Conversely, countries such as Bulgaria and Croatia experienced sharp declines.
Looking ahead, the European iron and steel sector is expected to focus increasingly on decarbonization efforts. Future trends to watch include energy efficiency improvements, shifts towards renewable energy sources, and advancements in green steel production technologies.
Top countries in Fossil Energy Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 262,740 | 2023 | -4.6% | -3.5% | View data |
| 2 | 2 Germany | 228,420 | 2023 | -2.17% | -3.7% | View data |
| 3 | 3 Italy | 114,230 | 2023 | +0.057% | -1.55% | View data |
| 4 | 4 Poland | 60,460 | 2023 | -1.6% | -4.76% | View data |
| 5 | 5 Spain | 53,870 | 2023 | +3.7% | -1.5% | View data |
| 6 | 6 Slovakia | 32,490 | 2023 | +2.63% | -2.32% | View data |
| 7 | 7 Romania | 32,270 | 2023 | -13.26% | -5.96% | View data |
| 8 | 8 Austria | 31,300 | 2023 | +0.76% | +2.01% | View data |
| 9 | 9 Czech Republic | 30,280 | 2023 | -6.92% | -5.05% | View data |
| 10 | 10 Netherlands | 29,770 | 2023 | +0.97% | -1.23% | View data |
