The analysis of European primary solid biofuels consumption in the chemical and petrochemical sectors reveals significant variability among countries. Norway experienced the most substantial increase at nearly 39.63%, followed by Sweden and the United Kingdom with increases of 24.92% and 34.36%, respectively. France also showed strong growth, while Austria, Slovakia, and Portugal saw declines. Emerging markets like Macedonia registered remarkable growth at over 68.44%. However, Hungary and Finland had minimal increases.
Future trends to watch include potential growth in expanding markets driven by technology and policy shifts toward decarbonization. Continued volatility is likely, given geopolitical and economic challenges. Maintaining this momentum will depend on supportive regulations and technological advancements.
Top countries in Primary Solid Biofuels Final Consumption in Chemical and Petrochemical Sectors by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 6,720 | 2023 | +13.61% | +39.63% | View data |
| 2 | 2 France | 4,660 | 2023 | +3.61% | +10.85% | View data |
| 3 | 3 Austria | 1,850 | 2023 | +3.3% | -0.2% | View data |
| 4 | 4 Sweden | 1,660 | 2023 | +3.24% | +24.92% | View data |
| 5 | 5 Germany | 1,520 | 2023 | +2.57% | +0.45% | View data |
| 6 | 6 United Kingdom | 1,190 | 2023 | +7.01% | +34.36% | View data |
| 7 | 7 Slovenia | 840.5 | 2023 | +2.62% | +2.72% | View data |
| 8 | 8 Serbia | 829.66 | 2023 | +22.68% | +29.18% | View data |
| 9 | 9 Denmark | 744.72 | 2023 | +13.37% | +19.88% | View data |
| 10 | 10 Bulgaria | 559.49 | 2023 | +5.55% | +15.17% | View data |
