The European Non-Ferrous Metals sector displayed varied fluctuations in electricity consumption across countries in 2023. Norway, Germany, and Iceland lead in consumption, with Norway experiencing a significant growth of 1.71%. Conversely, Spain and Greece saw marked declines of over 5%. Noteworthy increases include Slovakia and the Netherlands, while smaller nations like Latvia and Kosovo saw double-digit growth rates. Over the past five years, the sector has shown mixed trends, with some countries consistently increasing consumption and others, notably Bosnia and Herzegovina, experiencing declines.
Looking ahead, key trends to monitor include potential shifts towards greener and more sustainable energy sources in response to environmental regulations. Additionally, economic factors and technological advancements could influence energy consumption patterns, with potential for increased energy efficiency measures within the sector.
Top countries in Non-Ferrous Metals Sector Final Consumption of Electricity by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 2,030 | 2023 | +0.7% | +1.71% | View data |
| 2 | 2 Germany | 1,270 | 2023 | -0.73% | -1.26% | View data |
| 3 | 3 Iceland | 1,130 | 2023 | +0.24% | -0.63% | View data |
| 4 | 4 France | 699.3 | 2023 | -0.76% | +0.35% | View data |
| 5 | 5 Spain | 595.34 | 2023 | -0.52% | -5.4% | View data |
| 6 | 6 Romania | 328.54 | 2023 | +6.32% | +1.86% | View data |
| 7 | 7 Greece | 316.87 | 2023 | -3.33% | -5.41% | View data |
| 8 | 8 United Kingdom | 285.93 | 2023 | -4.17% | -4.04% | View data |
| 9 | 9 Sweden | 245.99 | 2023 | -0.0016% | -0.96% | View data |
| 10 | 10 Slovakia | 237.47 | 2023 | +4.75% | +1.77% | View data |
