European fuel oil consumption in the wood and wood products sector varies significantly by country. Estonia leads with a consumption of 4.69 Thousand Tonnes of Oil Equivalent, followed by the Czech Republic and Poland. France, the UK, and Germany are showing decreased consumption with double-digit negative year-on-year variations. Notably, Bosnia and Herzegovina marked a 42.43% increase, indicating an upward trend, while Denmark and Portugal saw substantial declines.
Future trends to watch include a continued shift towards less fuel oil usage due to environmental regulations and a potential increase in countries like Bosnia and Herzegovina where consumption is rising, suggesting investment in alternative energy sources may accelerate.
Top countries in Fuel Oil Final Consumption in Wood and Wood Products Sector by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 4.69 | 2023 | -0.27% | View data | |
| 2 | 2 Czech Republic | 3.77 | 2023 | +0.1% | +9.77% | View data |
| 3 | 3 Poland | 3.07 | 2023 | +2.68% | +10.43% | View data |
| 4 | 4 Spain | 2.75 | 2023 | -2.68% | -2.29% | View data |
| 5 | 5 Finland | 0.96 | 2021 | -50% | -24.21% | View data |
| 6 | 6 Germany | 0.96 | 2021 | 0% | View data | |
| 7 | 7 France | 0.94 | 2023 | +1.47% | -12.42% | View data |
| 8 | 8 United Kingdom | 0.85 | 2023 | -13.54% | -10.68% | View data |
| 9 | 9 Austria | 0.37 | 2023 | +12.44% | -1.72% | View data |
| 10 | 10 Denmark | 0.22 | 2023 | -23.95% | -34.18% | View data |
