The European fossil energy consumption in the iron and steel sectors for 2023 saw Ukraine as the highest consumer, followed by Germany and Italy. Notably, Eastern European countries like Ukraine and Poland exhibit relatively high shares. In contrast, smaller economies showcase minimal consumption, with fluctuations ranging from modest decreases to significant increases, exemplified by Iceland's sharp rise. The consumption shift from large industrial nations towards smaller, emerging regions could indicate a broader regional energy transition. Noteworthy positive and negative changes were observed in Kosovo and Bulgaria, respectively, highlighting regional disparities.
Future trends to watch include the potential impact of increased energy efficiency and renewable energy integration. The ongoing geopolitical tensions and evolving EU policies may further influence regional shifts in consumption patterns, driving down fossil fuel dependence and enhancing sustainability efforts in the iron and steel sectors.
Top countries in Fossil Energy Final Consumption in Iron and Steel Sectors Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 24.93 | 2023 | -4.6% | -3.5% | View data |
| 2 | 2 Germany | 21.67 | 2023 | -2.17% | -3.7% | View data |
| 3 | 3 Italy | 10.84 | 2023 | +0.057% | -1.55% | View data |
| 4 | 4 Poland | 5.74 | 2023 | -1.6% | -4.76% | View data |
| 5 | 5 Spain | 5.11 | 2023 | +3.7% | -1.5% | View data |
| 6 | 6 Slovakia | 3.08 | 2023 | +2.63% | -2.32% | View data |
| 7 | 7 Romania | 3.06 | 2023 | -13.26% | -5.96% | View data |
| 8 | 8 Austria | 2.97 | 2023 | +0.76% | +2.01% | View data |
| 9 | 9 Czech Republic | 2.87 | 2023 | -6.92% | -5.05% | View data |
| 10 | 10 Netherlands | 2.82 | 2023 | +0.97% | -1.23% | View data |
