In 2023, Sweden and Finland led the European Paper, Pulp, and Printing sector's consumption of renewables and biofuels, reaching 29.12 and 28.24 thousand tonnes of oil equivalent, respectively. Among notable shifts, the United Kingdom exhibited a significant 5.42% increase over 2022, while Poland's use decreased by 5.98%. Over the past five years, several countries have shown varied CAGR, with Denmark and Ukraine witnessing the most substantial growth, contrasting with declines in Slovenia and Estonia. These patterns highlight shifts influenced by policy changes and investments in renewable energy infrastructure.
Future trends in the European sector will likely focus on:
- Enhanced investment in renewable technologies across Europe to meet sustainability targets.
- Potential regulatory initiatives favoring the adoption of biofuels and renewables.
- Impact of technological innovations improving efficiency in renewable energy consumption.
- Varying rates of adoption across countries influenced by economic, political, and technological factors.
Top countries in Paper, Pulp and Printing Sector Final Consumption of Renewables and Biofuels Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 29.12 | 2023 | +0.63% | +2.09% | View data |
| 2 | 2 Finland | 28.24 | 2023 | +1.67% | +0.43% | View data |
| 3 | 3 Portugal | 5.75 | 2023 | -0.75% | -0.35% | View data |
| 4 | 4 Austria | 5.55 | 2023 | +1.29% | +1.15% | View data |
| 5 | 5 Spain | 4.76 | 2023 | +7.04% | +3.01% | View data |
| 6 | 6 Poland | 4.53 | 2023 | +1.08% | -5.98% | View data |
| 7 | 7 Germany | 4.45 | 2023 | +1.94% | -1.7% | View data |
| 8 | 8 France | 4.22 | 2023 | -0.24% | +0.39% | View data |
| 9 | 9 United Kingdom | 3.73 | 2023 | +5.31% | +5.42% | View data |
| 10 | 10 Slovakia | 2.6 | 2023 | +9.12% | +2.13% | View data |
