In 2023, Ukraine led European solid fossil fuel consumption in the iron and steel sectors, followed by Germany and Romania. Despite a slight decline of 3.19% for Ukraine, Romania increased by 2.14%. Germany and Italy saw reductions of 1.44% and 8.63% respectively. Notably, Bosnia and Herzegovina experienced a significant uptick of 41.33%, while Poland's usage plunged by 40.46%. Austria and Macedonia showed positive growth at 7.74% and 7.83%, respectively. Countries such as France and the United Kingdom experienced considerable declines, indicative of broader shifts in consumption patterns.
Future trends to watch include potential shifts towards more sustainable and energy-efficient technologies within the iron and steel sectors. Economic and regulatory pressures for decarbonization could influence solid fossil fuel consumption, with a potential rise in alternative energy adoption and innovations in material efficiency. The geopolitical landscape may also affect energy sourcing strategies across Europe.
Top countries in Solid Fossil Fuels Final Consumption in Iron and Steel Sectors Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 41.59 | 2023 | -4.28% | -3.19% | View data |
| 2 | 2 Germany | 13.29 | 2023 | +1.35% | -1.44% | View data |
| 3 | 3 Romania | 10.36 | 2023 | +0.82% | +2.14% | View data |
| 4 | 4 Italy | 5.08 | 2023 | -3.25% | -8.63% | View data |
| 5 | 5 Czech Republic | 4.52 | 2023 | -8.78% | -3.59% | View data |
| 6 | 6 Slovakia | 3.93 | 2023 | -1.65% | -3.89% | View data |
| 7 | 7 Norway | 3.7 | 2023 | -2.3% | +1.55% | View data |
| 8 | 8 Austria | 3.15 | 2023 | +0.34% | +7.74% | View data |
| 9 | 9 Netherlands | 2.85 | 2023 | +4.87% | +0.28% | View data |
| 10 | 10 United Kingdom | 2.59 | 2023 | -12.13% | -8.96% | View data |
