In 2023, Germany led European bioenergy consumption in the iron and steel sectors, with 19.83 thousand tonnes of oil equivalent, despite a modest growth of 1.17%. Finland and Ukraine followed, both experiencing growth above 3.5%. Sweden, Luxembourg, and Norway recorded the most significant increases, with variations close to or surpassing 13%. Conversely, Italy and Belgium saw declines, with Italy's consumption decreasing by 1.26% and Belgium by over 11%. Estonia and Bosnia and Herzegovina displayed remarkable growth, suggesting potential emerging markets.
Looking ahead, trends suggest a continued rise in bioenergy adoption across most European countries, driven by efforts to decarbonize industrial sectors. Watch for increased investments in green technologies in traditionally low-consuming countries and regulatory support in line with EU climate goals, driving a gradual shift in consumption distribution.
Top countries in Bioenergy Final Consumption in Iron and Steel Sectors Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19.83 | 2023 | +2.18% | +1.17% | View data |
| 2 | 2 Finland | 13.23 | 2023 | +2.48% | +4.37% | View data |
| 3 | 3 Ukraine | 12.94 | 2023 | +0.98% | +3.56% | View data |
| 4 | 4 Italy | 11.72 | 2023 | -3.02% | -1.26% | View data |
| 5 | 5 Sweden | 6.01 | 2023 | +9.91% | +13.97% | View data |
| 6 | 6 Luxembourg | 4.5 | 2023 | +12.43% | +16.56% | View data |
| 7 | 7 France | 3.85 | 2023 | +2.11% | +11.13% | View data |
| 8 | 8 United Kingdom | 3.05 | 2023 | +3.26% | +3.88% | View data |
| 9 | 9 Poland | 3.04 | 2023 | +0.45% | +2.06% | View data |
| 10 | 10 Spain | 2.83 | 2023 | +2.56% | -0.15% | View data |
