The 2023 year-on-year variations reveal divergent trends in European charcoal consumption in the industry. Norway experienced a slight increase, while Italy saw no change. Serbia recorded a significant rise, contrasting with Portugal's decline. Both Iceland and Austria experienced steep drops in charcoal consumption, over 68% and 66% respectively. The five-year CAGR highlights these trends, wherein Norway maintains moderate growth and Italy remains stable. Serbia's ascent is marked by its notable rise, whereas Portuguese, Icelandic, and Austrian markets face significant reductions.
Looking forward, countries like Serbia might continue to expand their charcoal consumption, driven by industrial needs. Conversely, nations with significant declines, such as Iceland and Austria, might decrease charcoal usage further as they potentially transition to alternative energy sources.
Top countries in Charcoal Final Consumption in Industry by Country
| # | 6 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 997.49 | 2023 | +2.51% | +1.3% | View data |
| 2 | 2 Italy | 308 | 2023 | 0% | 0% | View data |
| 3 | 3 Serbia | 89.63 | 2023 | +3.51% | +9.88% | View data |
| 4 | 4 Portugal | 2.71 | 2023 | +2.53% | -3.71% | View data |
| 5 | 5 Iceland | 0.062 | 2023 | +93.75% | -68.31% | View data |
| 6 | 6 Austria | 0.045 | 2023 | +55.17% | -66.75% | View data |
