In 2023, Iceland led the European renewables and biofuels final consumption in the fishing sector with a notable 23.75% increase from the previous year, followed by modest growth in Italy and France. Countries like the Czech Republic experienced significant growth at 61.4%, though from a smaller base. Spain, Sweden, and Portugal also saw increases, while Hungary and Greece reported declines. Most smaller markets like Finland, Malta, Poland, and Norway remained stable.
For future trends, expect technological advancements and policy incentives to further drive biofuels usage in larger markets. Watch for shifts as smaller nations potentially expand their renewables consumption through international collaboration and investment.
Top countries in Renewables and Biofuels Final Consumption in Fishing Sector Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 38.73 | 2023 | +2.35% | +23.75% | View data |
| 2 | 2 Italy | 34.62 | 2023 | +3.9% | +0.21% | View data |
| 3 | 3 France | 8.92 | 2023 | +2.83% | +1.19% | View data |
| 4 | 4 Spain | 7.96 | 2023 | +35.69% | +4.24% | View data |
| 5 | 5 Sweden | 7.89 | 2023 | +18.97% | +0.43% | View data |
| 6 | 6 Portugal | 1.07 | 2023 | +2.13% | +9.08% | View data |
| 7 | 7 Czech Republic | 0.46 | 2023 | +29.39% | +61.4% | View data |
| 8 | 8 Finland | 0.13 | 2023 | +3.97% | View data | |
| 9 | 9 Latvia | 0.11 | 2023 | 0% | +4.66% | View data |
| 10 | 10 Malta | 0.063 | 2023 | +5.08% | View data |
