In 2023, Sweden led Europe in LPG consumption within the iron and steel sectors, followed by Italy and Ukraine. Italy and Romania displayed significant increases in year-on-year consumption, while Finland and Latvia faced substantial declines. Norway, Greece, and Denmark registered modest year-on-year positive growth. The compound annual growth rate over five years highlights dynamic changes: key growth observed in Italy, while Finland and Latvia showcased noticeable decline trends.
Future trends to watch in European LPG consumption include technological advancements within the steel industry promoting energy efficiency, potential geopolitical impacts on energy supply stability, and progressive environmental regulations prompting a shift towards greener alternatives.
Top countries in Liquefied Petroleum Gases Final Consumption in Iron and Steel Sectors Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 67.8 | 2023 | +3.19% | -1.43% | View data |
| 2 | 2 Italy | 12.92 | 2023 | +0.45% | +18.56% | View data |
| 3 | 3 Ukraine | 10.68 | 2023 | +27.57% | View data | |
| 4 | 4 Greece | 3.92 | 2023 | +1.44% | +2.44% | View data |
| 5 | 5 Finland | 3.84 | 2023 | +15.95% | -37.64% | View data |
| 6 | 6 France | 3.41 | 2023 | +8.83% | +1.31% | View data |
| 7 | 7 Spain | 3.09 | 2023 | -7.75% | -9.87% | View data |
| 8 | 8 Norway | 1.46 | 2023 | +1.24% | +1.12% | View data |
| 9 | 9 Slovenia | 0.54 | 2023 | +9.81% | -1.45% | View data |
| 10 | 10 Poland | 0.53 | 2023 | +5.38% | -0.68% | View data |
