Germany leads the European sector in renewable and biofuel consumption at 15.65 thousand GWh with a slight 2.3% increase. Poland shows a notable 6.8% growth, reinforcing its strong position. Latvia and Lithuania emerge as remarkable leaders in growth, posting increases of 4.83% and 7.63% respectively. In contrast, France and Croatia have seen declines at 4.1% and 4.5%. The data indicates that while some Western European countries experience stagnation or decline, Eastern European nations are making strides, suggesting a shift in regional leadership within the sector. Ukraine's substantial 36.88% surge shows recovery and potential rapid expansion.
Future trends to watch in the European wood and wood products sector include the potential alignment of Eastern European countries’ growth with sustainable development goals. Germany’s stable leadership may face challenges from emerging Eastern markets. Also, technological innovations and further green energy policies could significantly shape the renewable consumption dynamic across Europe. Watch for potential partnerships or collaborations within the EU to foster sustainable growth.
Top countries in Wood and Wood Products Sector Final Consumption of Renewables and Biofuels by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15,650 | 2023 | +2.29% | +2.3% | View data |
| 2 | 2 Poland | 10,340 | 2023 | +4.59% | +6.8% | View data |
| 3 | 3 Spain | 5,140 | 2023 | +3.01% | +1.4% | View data |
| 4 | 4 Latvia | 4,580 | 2023 | +3.46% | +4.83% | View data |
| 5 | 5 Sweden | 3,940 | 2023 | -1.69% | -3.49% | View data |
| 6 | 6 Austria | 3,640 | 2023 | +1.21% | +1.1% | View data |
| 7 | 7 France | 3,550 | 2023 | -2.65% | -4.1% | View data |
| 8 | 8 Finland | 2,720 | 2023 | +0.44% | +1.8% | View data |
| 9 | 9 Belgium | 2,190 | 2023 | +1.7% | +1.19% | View data |
| 10 | 10 Romania | 2,090 | 2023 | +6.89% | +1.51% | View data |
