In 2023, Italy leads European solar thermal final consumption in industry with 506.07 PJ, showing modest growth with a 2.04% increase. Spain follows with 119.64 PJ, also recording a slight 0.54% rise. France displays impressive growth of 21.83% reaching 110.77 PJ. Greece and Albania show significant positive changes of 2.75% and 5.46% to 73.3 PJ and 53.52 PJ, respectively. Romania and Cyprus also experience growth at 5.0% and 1.16%, with figures of 35.97 PJ and 17.8 PJ. Germany sees a downturn of 2.33%, standing at 8 PJ, while Belgium remains relatively stable, at 3.6 PJ growing by 0.57%.
Future trends to watch include an increasing pivot towards renewable sources driven by sustainability goals, policy incentives, and technological advancements. This is likely to boost solar thermal adoption despite existing economic challenges, with particular promise in underperforming markets like Germany and emerging markets such as Romania and Albania.
Top countries in Solar Thermal Final Consumption in Industry by Country
| # | 9 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 506.07 | 2023 | +5.15% | +2.04% | View data |
| 2 | 2 Spain | 119.64 | 2023 | +0.069% | +0.54% | View data |
| 3 | 3 France | 110.77 | 2023 | +17.13% | +21.83% | View data |
| 4 | 4 Greece | 73.3 | 2023 | +2.23% | +2.75% | View data |
| 5 | 5 Albania | 53.52 | 2023 | +6.22% | +5.46% | View data |
| 6 | 6 Romania | 35.97 | 2023 | +4.85% | +5% | View data |
| 7 | 7 Cyprus | 17.8 | 2023 | +2.89% | +1.16% | View data |
| 8 | 8 Germany | 8 | 2023 | +33.33% | -2.33% | View data |
| 9 | 9 Belgium | 3.6 | 2023 | +2.86% | +0.57% | View data |