The 2024 forecast for European Blended Biodiesels Gross Inland Consumption shows Austria, Luxembourg, and Hungary leading with positive consumption values, but notable YoY growth is seen in Portugal and Croatia. Major declines are reported in Germany and the Netherlands. Austria decreased slightly by 2.24%, Luxembourg increased by 2.43%, while Estonia saw significant growth at 37.36%. Portugal's YoY increase stood out at 83.87%. Over the past five years, a decline in consumption was visible, particularly in large economies like Germany.
Future trends to monitor include:
- Growing adoption in smaller markets like Croatia and Portugal could prompt policy shifts in larger nations.
- Technological advancements in biodiesel production and supply may enhance gross inland consumption in more regions.
- Economic and environmental policies from the EU could significantly impact the market landscape.
- Global energy market fluctuations and sustainability drives may alter consumption patterns rapidly.
Top countries in Blended Biodiesels Gross Inland Consumption Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 57.7 | 2023 | +2.07% | -2.24% | View data |
| 2 | 2 Luxembourg | 37.5 | 2023 | +2.56% | +2.43% | View data |
| 3 | 3 Hungary | 27.04 | 2023 | +6.41% | View data | |
| 4 | 4 Ireland | 21.11 | 2023 | +22.06% | +9.91% | View data |
| 5 | 5 Estonia | 18.12 | 2023 | +19.02% | +37.36% | View data |
| 6 | 6 Poland | 17.91 | 2023 | +16.24% | +9.03% | View data |
| 7 | 7 Czech Republic | 14.64 | 2023 | +32.94% | View data | |
| 8 | 8 Croatia | 11.85 | 2023 | +8.08% | +80.18% | View data |
| 9 | 9 Portugal | 8.93 | 2023 | +2.87% | +83.87% | View data |
| 10 | 10 Iceland | 5.9 | 2023 | +25.73% | View data |
