The European non-ferrous metals sector's final consumption of renewables and biofuels shows significant disparities across countries. In 2023, France led with a substantial increase, reaching 168.45 terajoules, driven by a 109.7% year-on-year increase. Serbia and Austria followed with moderate growth, while Finland and Sweden also experienced positive trends. Conversely, Germany, the Czech Republic, and Croatia saw declines, with Germany decreasing by 6.5%. From a longer-term perspective, countries like France have shown dynamic growth, suggesting an upward trend in sustainable energy adoption in the sector.
Looking ahead, key trends to watch include advancements in renewable technology adoption, policy shifts favoring green energy, and potential investments in countries currently lagging, like Romania and Macedonia. The sector is expected to further integrate renewables, influenced by regulatory frameworks and economic incentives, promoting a gradual shift towards sustainability across Europe.
Top countries in Non-Ferrous Metals Sector Final Consumption of Renewables and Biofuels by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 168.45 | 2023 | +2.51% | +109.7% | View data |
| 2 | 2 Serbia | 95.31 | 2023 | +6.59% | +11.69% | View data |
| 3 | 3 Austria | 67.84 | 2023 | +3.24% | +4.44% | View data |
| 4 | 4 Finland | 32.28 | 2023 | +1.77% | +4.42% | View data |
| 5 | 5 Sweden | 20.28 | 2023 | +9.85% | +10.48% | View data |
| 6 | 6 Germany | 12.15 | 2023 | +10.55% | -6.5% | View data |
| 7 | 7 Spain | 11.87 | 2023 | +1.84% | +0.37% | View data |
| 8 | 8 Norway | 1.51 | 2023 | +1.47% | View data | |
| 9 | 9 Ukraine | 1 | 2023 | 0% | View data | |
| 10 | 10 Czech Republic | 0.66 | 2023 | +2.17% | -30.06% | View data |
