The analysis of European Blast Furnace Gas available for final consumption in 2024 reveals that Germany leads with the highest consumption, followed by Ukraine and Poland. The overall trend between 2023 and 2024 shows a decline in most countries, with Germany, Ukraine, and Poland experiencing significant year-on-year decreases of -6.02%, -8.06%, and -3.33%, respectively. Bosnia and Herzegovina and Sweden are notable exceptions with slight increases. Over the past five years, the sector has witnessed a varied CAGR across countries, indicating a dynamic landscape with substantial fluctuations in blast furnace gas consumption.
Future trends to watch in the European Blast Furnace Gas market include:
- Potential policy shifts towards renewable energy sources may further impact traditional gas consumption patterns across Europe.
- The economic recovery rate in key consumer countries might affect the demand for industrial gases significantly.
- Technological advancements in gas capturing and usage could influence consumption efficiency and patterns, potentially stabilizing or altering current trends.
Top countries in Blast Furnace Gas Available for Final Consumption by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14,490 | 2023 | +0.54% | -6.02% | View data |
| 2 | 2 Ukraine | 8,350 | 2023 | -14.6% | -8.06% | View data |
| 3 | 3 Poland | 2,360 | 2023 | -2.36% | -3.33% | View data |
| 4 | 4 Slovakia | 1,920 | 2023 | +0.34% | -2.32% | View data |
| 5 | 5 Bosnia and Herzegovina | 1,390 | 2023 | +21.18% | +1.68% | View data |
| 6 | 6 Czech Republic | 1,270 | 2023 | -5.64% | -2.43% | View data |
| 7 | 7 Romania | 1,200 | 2023 | -18.54% | -6.94% | View data |
| 8 | 8 Sweden | 1,180 | 2023 | +1.92% | +2.69% | View data |
| 9 | 9 Netherlands | 865.95 | 2023 | +0.56% | +0.78% | View data |
| 10 | 10 Norway | 694.01 | 2023 | +1.51% | -2.16% | View data |
