The 2024 forecast shows Poland leading in solid fossil fuel consumption in the machinery sector followed by France and Serbia. Notable declines occurred in Germany, the UK, and the Czech Republic whereas Macedonia and Latvia experienced significant increases. The last five years saw a compounded annual growth rate decline, highlighting the shift towards cleaner energy.
Future trends suggest further diversification of energy sources. Policy developments favoring renewable energies alongside technological advancements in machinery efficiency will likely reduce dependence on solid fossil fuels in Europe's machinery sector. Countries may prioritize investments in decarbonization to align with environmental goals and ensure sustainable industrial growth.
Top countries in Solid Fossil Fuels Final Consumption in Machinery Sector Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 32.47 | 2023 | -2.05% | -1.41% | View data |
| 2 | 2 France | 26.1 | 2023 | -7.23% | -2.63% | View data |
| 3 | 3 Serbia | 15.28 | 2023 | +2.52% | +4.76% | View data |
| 4 | 4 United Kingdom | 9.1 | 2023 | -4.13% | -4.19% | View data |
| 5 | 5 Germany | 6.4 | 2023 | -48.08% | -16.04% | View data |
| 6 | 6 Czech Republic | 2.01 | 2023 | -56.96% | -31.07% | View data |
| 7 | 7 Bosnia and Herzegovina | 1.27 | 2023 | +0.82% | -2.11% | View data |
| 8 | 8 Montenegro | 0.33 | 2023 | +5.6% | +5.55% | View data |
| 9 | 9 Hungary | 0.27 | 2023 | -23.09% | -27.32% | View data |
| 10 | 10 Bulgaria | 0.19 | 2023 | -8.02% | -16.43% | View data |
