In 2023, petroleum coke consumption in the European iron and steel industry varied significantly by country. Macedonia led with a substantial consumption of 70.56 thousand tonnes of oil equivalent, representing a year-on-year increase of 16.63%. While Kosovo saw a decrease of 4.92%, Norway and the Netherlands maintained stable consumption levels. Germany, despite being a major industrial player, showed a slight decline of 0.41%. Sweden and Albania recorded notable increases in consumption by 15.12% and 20.22%, respectively. In contrast, France experienced a significant reduction of 15.69%.
Looking forward, factors that could impact the future consumption trends in the European iron and steel sectors include:
- Regulatory changes emphasizing cleaner energy and carbon reduction.
- Technological advancements in iron and steel production methods.
- Economic shifts influencing industrial production levels post-COVID-19 recovery.
- Increased competition from alternative materials and sources of energy.
Top countries in Petroleum Coke Final Consumption in Iron and Steel Sectors Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Macedonia | 70.56 | 2023 | +6.86% | +16.63% | View data |
| 2 | 2 Kosovo | 9.68 | 2023 | -7.9% | -4.92% | View data |
| 3 | 3 Norway | 5.97 | 2023 | +30.08% | View data | |
| 4 | 4 Germany | 5.91 | 2023 | +6.57% | -0.41% | View data |
| 5 | 5 Sweden | 5.31 | 2023 | +9.05% | +15.12% | View data |
| 6 | 6 Albania | 4.98 | 2023 | +3.92% | +20.22% | View data |
| 7 | 7 France | 4.66 | 2023 | +20.36% | -15.69% | View data |
| 8 | 8 Poland | 2.01 | 2023 | +2.83% | +6.01% | View data |
| 9 | 9 Belgium | 1.99 | 2023 | -20.32% | -8.66% | View data |
| 10 | 10 Greece | 1.32 | 2023 | +2.21% | -7.15% | View data |
