In 2023, Sweden led the European countries in the final consumption of blended biodiesels within the transport equipment sector, reflecting a strong demand at 99.77 Terajoules. Significant growth was apparent in France and Portugal with 11.48% and 10.14% year-on-year increases, respectively. Austria showed a modest increase of 1.47%, while Greece, Finland, and Norway observed no growth. Over the past five years, the compounded annual growth rate (CAGR) has been a key metric to evaluate sustained increases in this sector.
Future trends to watch include potential technological advancements and policy changes in the EU aiming for improved energy efficiency and sustainability, which may further increase biodiesel usage. Monitoring investment in biodiesel infrastructure and shifts in consumer preferences towards cleaner energy will also be crucial.
Top countries in Blended Biodiesels Final Consumption in Transport Equipment Sector by Country
| # | 7 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 99.77 | 2023 | +25.32% | +7.4% | View data |
| 2 | 2 Portugal | 20.03 | 2023 | +8.46% | +10.14% | View data |
| 3 | 3 France | 9.95 | 2023 | +9.95% | +11.48% | View data |
| 4 | 4 Austria | 1.81 | 2023 | +5.62% | +1.47% | View data |
| 5 | 5 Greece | 0.73 | 2023 | +4.73% | View data | |
| 6 | 6 Finland | 0.51 | 2023 | +4.08% | View data | |
| 7 | 7 Norway | 0.35 | 2023 | +6.06% | View data |
