The European wood and wood products sector's consumption of renewables and biofuels in gigawatt hours reveals Germany as a leader, significantly ahead of Poland and Spain. In 2023, Germany showed a modest growth of 2.3%, while Poland and Lithuania demonstrated considerable increases at 6.8% and 7.63%, respectively. Sweden and France faced some declines, each with reductions in utilization. Countries like Ukraine and Serbia experienced remarkable growth rates, indicating burgeoning interest or developments. Meanwhile, nations such as Luxembourg and Croatia showed declines.
Future trends to watch in this sector include the gaining momentum of Eastern European countries which continue to aggressively embrace renewables. As EU policies increasingly push for sustainability, more countries may ramp up their consumption rates of renewables and biofuels, with potential policy changes likely affecting future growth patterns positively.
Top countries in Wood and Wood Products Sector Final Consumption of Renewables and Biofuels Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.71 | 2023 | +2.29% | +2.3% | View data |
| 2 | 2 Poland | 15.66 | 2023 | +4.59% | +6.8% | View data |
| 3 | 3 Spain | 7.79 | 2023 | +3.01% | +1.4% | View data |
| 4 | 4 Latvia | 6.93 | 2023 | +3.46% | +4.83% | View data |
| 5 | 5 Sweden | 5.97 | 2023 | -1.69% | -3.49% | View data |
| 6 | 6 Austria | 5.51 | 2023 | +1.21% | +1.1% | View data |
| 7 | 7 France | 5.38 | 2023 | -2.65% | -4.1% | View data |
| 8 | 8 Finland | 4.12 | 2023 | +0.44% | +1.8% | View data |
| 9 | 9 Belgium | 3.32 | 2023 | +1.7% | +1.19% | View data |
| 10 | 10 Romania | 3.17 | 2023 | +6.89% | +1.51% | View data |
