Between 2013 and 2023, the consumption of primary solid biofuels in the industry in the Netherlands saw significant fluctuations. The period started with relatively low values in 2013, but saw a peak in 2015 after substantial growth in 2014. This was followed by a decline until 2020, with minor recoveries observed in 2021 and 2022, eventually reaching 963.62 Gigawatt-hours in 2023. The year-on-year variation showed considerable volatility over the last decade, ranging from -15.9% in 2019 to 61.5% in 2014. Over the last two years, the average annual growth rate has been modest at 1.09%.
Future trends to watch for include:
- The forecasted stable growth trend from 2024 to 2028, with a 5-year CAGR of 0.81%.
- Any policy changes or technological advancements impacting the consumption of solid biofuels in the industry.
- Alternative energy sources becoming more prevalent and impacting solid biofuels' market share.