The 2023 data reveals Spain as the leader in European Solar Thermal Gross Inland Consumption, with significant growth noted in Poland and Romania. While Germany, traditionally strong, shows a minor decline, several smaller economies like Hungary and Croatia demonstrate substantial increases. Western European countries such as Italy, France, and Portugal also show moderate growth. Conversely, Austria and the Netherlands face declines, while Scandinavian countries show minimal engagement. The highest growth rates are observed in Eastern European nations, indicating emerging markets. Overall, there is a trend of varied growth, with some countries accelerating their solar thermal capacity and others stabilizing or slowing.
Future trends to watch include a potential continued rise in Eastern and Southern European countries driven by increasing investments and favorable climatic conditions. The transition towards greener energy and enhanced solar technologies may further boost consumption, with economic incentives fostering growth. Despite challenges, the effort to meet environmental goals could lead to more countries adopting solar thermal energy solutions, potentially narrowing the gap between leading and emerging markets.
Top countries in Solar Thermal Gross Inland Consumption by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 2,730 | 2023 | +5.63% | +4.3% | View data |
| 2 | 2 Germany | 758.22 | 2023 | +0.28% | -0.13% | View data |
| 3 | 3 Greece | 318.6 | 2023 | +2.35% | +2.82% | View data |
| 4 | 4 Italy | 263.03 | 2023 | +3.18% | +3.77% | View data |
| 5 | 5 France | 213.14 | 2023 | +2.6% | +3.31% | View data |
| 6 | 6 Austria | 174.48 | 2023 | -0.77% | -0.73% | View data |
| 7 | 7 Portugal | 113.74 | 2023 | +3.59% | +3.8% | View data |
| 8 | 8 Poland | 99.2 | 2023 | +7.58% | +11.75% | View data |
| 9 | 9 Cyprus | 78.41 | 2023 | +1.74% | +1.71% | View data |
| 10 | 10 Denmark | 63.55 | 2023 | -5.21% | -0.74% | View data |