In 2023, Germany led European bioenergy consumption in the iron and steel sectors, accounting for a significant share at 19.89 terajoules, followed by Ukraine at 13.53 terajoules. Finland and Italy were also prominent, with Italy experiencing a slight decline of 1.65%. The most notable growth was seen in Estonia (53.21%) and Bosnia and Herzegovina (36.96%), while Iceland faced a sharp decrease of 68.65%. Luxembourg, Norway, and the Netherlands showed impressive increases, highlighting a shift towards bioenergy. Overall, these trends indicate a growing reliance on bioenergy in the sector.
Future trends to watch include continuous growth in bioenergy consumption, driven by increasing environmental regulations and technological advancements. Emerging growth in nations like Estonia and Bosnia and Herzegovina may disrupt traditional consumption patterns, while Western Europe may continue leading innovations. Monitoring policy changes and technological breakthroughs will be crucial for anticipating future shifts in bioenergy dynamics within the iron and steel sectors.
Top countries in Bioenergy Final Consumption in Iron and Steel Sectors Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19.89 | 2023 | +2.27% | +1.4% | View data |
| 2 | 2 Ukraine | 13.53 | 2023 | +2.93% | +4.66% | View data |
| 3 | 3 Finland | 13.27 | 2023 | +3.55% | +4.6% | View data |
| 4 | 4 Italy | 11.39 | 2023 | -4.24% | -1.65% | View data |
| 5 | 5 Sweden | 5.96 | 2023 | +9.9% | +13.97% | View data |
| 6 | 6 Luxembourg | 4.45 | 2023 | +12.28% | +16.49% | View data |
| 7 | 7 France | 3.84 | 2023 | +2.38% | +11.22% | View data |
| 8 | 8 United Kingdom | 3.03 | 2023 | +3.26% | +3.88% | View data |
| 9 | 9 Poland | 3 | 2023 | +0.31% | +1.91% | View data |
| 10 | 10 Spain | 2.81 | 2023 | +2.2% | -0.3% | View data |
