The 2023 data reveals Serbia as the leader in renewable and biofuel consumption in the European textile and leather sector, despite a slight decline. Portugal and Spain follow, with Portugal showing a decline while Spain had a minor increase. Ukraine and Germany showed the most significant growth, reflecting strategic investments. Romania, Bulgaria, and Lithuania experienced the largest declines. Overall, the sector demonstrates varying trends, with notable growth in Finland, Austria, and the Czech Republic.
Future trends to watch:
- Expansion of renewable technology in recovering economies like Ukraine and the Czech Republic.
- Potential policies boosting consumption growth in traditionally low-consuming countries like Norway and Cyprus.
- Expectations for continued decline in countries not expanding renewable sources, such as Romania and Lithuania.
Top countries in Textile and Leather Sector Final Consumption of Renewables and Biofuels by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 849.23 | 2023 | -1.73% | -1.66% | View data |
| 2 | 2 Portugal | 472.31 | 2023 | -4.28% | -1.83% | View data |
| 3 | 3 Spain | 267.06 | 2023 | +2.48% | +1.01% | View data |
| 4 | 4 Ukraine | 120 | 2023 | +27.66% | +27.94% | View data |
| 5 | 5 Germany | 114 | 2023 | +3.64% | +11.55% | View data |
| 6 | 6 Bulgaria | 58.65 | 2023 | +8.78% | -6.33% | View data |
| 7 | 7 Slovenia | 43.12 | 2023 | +1.52% | +6.08% | View data |
| 8 | 8 Romania | 24.03 | 2023 | -21.5% | -17.52% | View data |
| 9 | 9 Lithuania | 21 | 2023 | 0% | -6.25% | View data |
| 10 | 10 Denmark | 19.96 | 2023 | +6.85% | -3.57% | View data |
