The European Wood and Wood Products Sector exhibited varied trends in the final consumption of renewables and biofuels across countries in 2023. Germany and Poland lead, with Germany displaying moderate growth and Poland showing a vibrant increase. While Lithuania and Serbia experienced substantial growth, countries like Sweden and Croatia saw declines. Ukraine stands out with a significant spike in growth, while Cyprus showed stability. Overall, varied annual growth rates reflect differing national priorities and capacities in renewable energy consumption.
Future trends to watch include:
- The impact of EU green policies on further boosting renewable energy adoption.
- The effect of technological advancements on energy efficiency and biofuel production.
- Evolving market dynamics in Eastern Europe and the resulting shifts in energy consumption patterns.
Top countries in Wood and Wood Products Sector Final Consumption of Renewables and Biofuels Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.48 | 2023 | +2.29% | +2.3% | View data |
| 2 | 2 Poland | 15.51 | 2023 | +4.59% | +6.8% | View data |
| 3 | 3 Spain | 7.98 | 2023 | +3.82% | +1.8% | View data |
| 4 | 4 Latvia | 6.87 | 2023 | +3.46% | +4.83% | View data |
| 5 | 5 Sweden | 6.01 | 2023 | -0.96% | -3.2% | View data |
| 6 | 6 France | 5.79 | 2023 | +1.25% | -2.5% | View data |
| 7 | 7 Austria | 5.42 | 2023 | +1.97% | +1.47% | View data |
| 8 | 8 Finland | 4.01 | 2023 | -1.17% | +1.46% | View data |
| 9 | 9 Belgium | 3.36 | 2023 | +1.87% | +1.25% | View data |
| 10 | 10 Romania | 3.18 | 2023 | +7.29% | +1.76% | View data |
