The data for 2023 shows the United Kingdom leading in European renewables and biofuels imports, followed by Germany and Italy. Significant year-on-year increases are observed in countries like the Netherlands (36.85%), Latvia (21.36%), and Croatia (23.08%). Conversely, Austria, Hungary, and Albania faced declines. This reveals a growing focus on renewables across Europe, with Eastern European countries catching up rapidly. The 5-year CAGR underscores the steady growth across regions, with countries like Denmark and Finland making substantial strides.
Future trends to watch include technological advancements in biofuel production, the impact of EU policies on renewable imports, and the shift towards local renewable energy sources in response to geopolitical challenges. Watching how countries adapt to these developments will be crucial for understanding market dynamics in the coming years.
Top countries in Renewables and Biofuels Imports Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 17.33 | 2023 | +4.61% | +8.06% | View data |
| 2 | 2 Germany | 9.7 | 2023 | +3% | +3.46% | View data |
| 3 | 3 Italy | 9.43 | 2023 | +2.19% | +0.58% | View data |
| 4 | 4 Denmark | 9.25 | 2023 | +6.78% | +10.61% | View data |
| 5 | 5 Netherlands | 7.85 | 2023 | +16.63% | +36.85% | View data |
| 6 | 6 France | 7.43 | 2023 | +15.71% | +7.18% | View data |
| 7 | 7 Sweden | 6.27 | 2023 | +3.77% | +0.9% | View data |
| 8 | 8 Spain | 5.61 | 2023 | +8.18% | +1.38% | View data |
| 9 | 9 Belgium | 4.33 | 2023 | +3.58% | +3.65% | View data |
| 10 | 10 Poland | 3.69 | 2023 | +4.25% | +5.46% | View data |
