In 2023, Ukraine led the European heat final consumption in the iron and steel sectors with a significant share, though experiencing a slight decline. Italy showed strong growth in consumption, indicating expanding industrial activity. France also saw notable growth, suggesting increased production or improved efficiencies. Conversely, countries like Latvia and Serbia experienced notable declines. This data offers a glimpse into the varied dynamics across European countries in this sector, influenced by geographic, economic, and industrial factors.
Future trends to watch include:
- Investments in energy-efficient technologies might shift consumption patterns, particularly in Western Europe.
- Economic and political developments, especially in Eastern Europe, may impact future consumption levels.
- The transition towards greener technologies within the steel-making process could gradually alter heat consumption shares across countries.
Top countries in Heat Final Consumption in Iron and Steel Sectors Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 65 | 2023 | +0.0082% | -1.41% | View data |
| 2 | 2 Italy | 10.11 | 2023 | +9.6% | +15.04% | View data |
| 3 | 3 Finland | 5.22 | 2023 | +2.78% | +1.41% | View data |
| 4 | 4 Poland | 4.77 | 2023 | +4.48% | -1.37% | View data |
| 5 | 5 Czech Republic | 4.68 | 2023 | +8.92% | +3.66% | View data |
| 6 | 6 Serbia | 3.79 | 2023 | +7.19% | -2.09% | View data |
| 7 | 7 Germany | 1.87 | 2023 | -0.92% | +0.4% | View data |
| 8 | 8 Hungary | 1.54 | 2023 | +1.85% | -0.88% | View data |
| 9 | 9 Sweden | 1.32 | 2023 | +2.6% | View data | |
| 10 | 10 France | 0.81 | 2023 | +2.43% | +9.54% | View data |
