In 2023, Germany leads in electricity consumption in the European wood sector with 17.67 thousand terajoules, followed by Italy and Poland. Italy saw a significant increase in consumption over the previous year by 5.93%, whereas Poland’s consumption grew by 2.26%. Notable declines include Sweden (-2.0%) and Ireland (-3.31%). The Netherlands demonstrated the most substantial growth with a 20.57% increase. Over the last five years, the compound annual growth rate has shown varied trends across countries, with market leaders like Germany and Italy experiencing moderate growth.
Future trends to watch in the European Wood and Wood Products Sector include:
- Integration of renewable energy sources which may affect overall electricity consumption patterns.
- Technological advancements in production efficiency reducing energy needs.
- Regulatory impacts from European Union climate policies driving changes in industrial energy practices.
Top countries in Wood and Wood Products Sector Final Consumption of Electricity by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17,670 | 2023 | +0.66% | +1.01% | View data |
| 2 | 2 Italy | 14,350 | 2023 | +2.84% | +5.93% | View data |
| 3 | 3 Poland | 10,140 | 2023 | +2.95% | +2.26% | View data |
| 4 | 4 France | 8,550 | 2023 | +0.37% | +1.45% | View data |
| 5 | 5 Austria | 6,800 | 2023 | +1.6% | +0.72% | View data |
| 6 | 6 Spain | 6,000 | 2023 | -0.65% | +3.35% | View data |
| 7 | 7 Finland | 5,940 | 2023 | +1.2% | +0.15% | View data |
| 8 | 8 Sweden | 5,910 | 2023 | -1.51% | -2% | View data |
| 9 | 9 Latvia | 3,520 | 2023 | +3.55% | +3.95% | View data |
| 10 | 10 Romania | 3,330 | 2023 | -1.64% | -2.25% | View data |
