In 2023, Germany led the European construction sector's consumption of renewables and biofuels, with an impressive growth of 8.21%. Sweden and France followed with moderate increases of 2.55% and 2.72%, respectively. The Netherlands exhibited a significant uptick of 9.2%. Portugal and Romania marked considerable growth, with increases of 10.82% and 19.15%. Conversely, Bulgaria and Slovenia faced downturns, with reductions of 22.31% and 5.18%. The sector had varied trends across countries, demonstrating both strong growth and declines.
Future trends to watch include:
- Potential for significant growth in Eastern Europe, as seen in Romania's increase.
- A continued emphasis on renewable integration in major economies like Germany and the Netherlands.
- Possible recovery and stabilization in countries experiencing declines, like Bulgaria.
- Innovative biofuel technologies and policies could further boost consumption across Europe.
Top countries in Construction Sector Final Consumption of Renewables and Biofuels Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.88 | 2023 | +4.87% | +8.21% | View data |
| 2 | 2 Sweden | 18.59 | 2023 | +4.24% | +2.55% | View data |
| 3 | 3 France | 18.04 | 2023 | +2.73% | +2.72% | View data |
| 4 | 4 Netherlands | 14.52 | 2023 | +14.14% | +9.2% | View data |
| 5 | 5 Spain | 9.13 | 2023 | +23.37% | +2.99% | View data |
| 6 | 6 Austria | 5.32 | 2023 | +1.05% | +1.93% | View data |
| 7 | 7 Finland | 3.53 | 2023 | +2.69% | View data | |
| 8 | 8 Portugal | 1.75 | 2023 | +2.8% | +10.82% | View data |
| 9 | 9 Hungary | 1.44 | 2023 | +10.83% | +3.63% | View data |
| 10 | 10 Norway | 1.28 | 2023 | +0.15% | View data |
