In 2023, Sweden led Europe's industry sector final consumption of renewables and biofuels, followed by Finland and Germany. Norway and Czech Republic saw significant increases over the past year, while Iceland experienced a major decline. Over the last five years, Hungary and Ukraine have shown substantial growth, although some other countries like the Netherlands have seen slight decreases.
Looking forward to future trends, it's essential to watch how technological advancements and EU policies accelerate the renewables transition, particularly in countries currently exhibiting slower growth rates, such as Italy and Croatia. Central and Eastern European countries may present significant opportunities for catching up. Additionally, further integration of biofuels across various industries could reshape the sector's landscape.
Top countries in Industry Sector Final Consumption of Renewables and Biofuels by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 200,740 | 2023 | +1.1% | +2.44% | View data |
| 2 | 2 Finland | 177,640 | 2023 | +1.61% | +0.49% | View data |
| 3 | 3 Germany | 127,290 | 2023 | +1.88% | +2.01% | View data |
| 4 | 4 Spain | 84,860 | 2023 | +0.86% | +0.84% | View data |
| 5 | 5 Poland | 75,410 | 2023 | +2.62% | +0.95% | View data |
| 6 | 6 France | 61,300 | 2023 | +0.55% | -0.25% | View data |
| 7 | 7 United Kingdom | 60,890 | 2023 | +4.28% | +4.29% | View data |
| 8 | 8 Austria | 52,570 | 2023 | +0.93% | +1.1% | View data |
| 9 | 9 Portugal | 42,880 | 2023 | +0.82% | +0.2% | View data |
| 10 | 10 Belgium | 30,840 | 2023 | +1.76% | +0.38% | View data |
