In 2023, Finland led the European countries in renewables and biofuels consumption for domestic navigation, with a notable increase of 37.92% year-on-year. Sweden and Cyprus experienced no change, while the Netherlands saw a significant rise of 31.69%. Key declines were observed in Portugal and Spain, with respective drops of 5.82% and 6.93%. The French consumption grew modestly at 5.47%. Luxembourg and Iceland's shares were minimal.
Looking forward, the European renewables and biofuels sector is expected to continue its growth trend, driven by ongoing policies promoting sustainability and technological advancements. Countries with strong innovations and investments will likely see higher adoption, while regulatory changes could also influence future consumption patterns.
Top countries in Renewables and Biofuels Final Consumption in Domestic Navigation Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 25.05 | 2023 | +20.37% | +37.92% | View data |
| 2 | 2 Sweden | 21.23 | 2023 | +7.57% | View data | |
| 3 | 3 Norway | 19.14 | 2023 | +2.74% | +10.98% | View data |
| 4 | 4 Netherlands | 14.17 | 2023 | +46.61% | +31.69% | View data |
| 5 | 5 France | 12.67 | 2023 | +9.82% | +5.47% | View data |
| 6 | 6 Portugal | 4.31 | 2023 | -0.63% | -5.82% | View data |
| 7 | 7 Spain | 1.61 | 2023 | +2.77% | -6.93% | View data |
| 8 | 8 Greece | 1.22 | 2023 | +5.94% | +9.78% | View data |
| 9 | 9 Cyprus | 0.35 | 2023 | +35.06% | View data | |
| 10 | 10 Malta | 0.2 | 2023 | +4.07% | +5.61% | View data |
