In 2023, European fossil energy consumption in the machinery sector saw Germany leading with 29.24 thousand tonnes of oil equivalent, followed by the UK and Italy. Over the past year, Italy and Ukraine faced significant reductions of over 12%. In contrast, Hungary and Serbia experienced increases of over 4%, showcasing diverging trends. Luxembourg recorded a notable 11.14% upsurge.
Looking ahead, watch for shifts toward renewable energy sources as EU climate policies tighten. Economic growth, technological advancements, and geopolitical factors will heavily influence energy consumption patterns across countries. Diversification in energy sources will likely impact fossil energy reliance in the machinery sector.
Top countries in Fossil Energy Final Consumption in Machinery Sector Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.24 | 2023 | -0.01% | -1.5% | View data |
| 2 | 2 United Kingdom | 12.85 | 2023 | -1.04% | -1.49% | View data |
| 3 | 3 Italy | 11.72 | 2023 | -12.24% | -12.59% | View data |
| 4 | 4 France | 6.93 | 2023 | -0.83% | -1.72% | View data |
| 5 | 5 Spain | 6.21 | 2023 | +4.21% | +0.86% | View data |
| 6 | 6 Poland | 6.13 | 2023 | -0.21% | -0.26% | View data |
| 7 | 7 Czech Republic | 4.22 | 2023 | +0.0046% | -0.15% | View data |
| 8 | 8 Netherlands | 3.82 | 2023 | +0.9% | -0.97% | View data |
| 9 | 9 Hungary | 3 | 2023 | +1.99% | +4.22% | View data |
| 10 | 10 Austria | 2.14 | 2023 | +2.23% | -0.5% | View data |
