The European non-metallic minerals sector shows Germany leading in renewables and biofuels consumption, followed by Spain and Italy. Significant year-on-year growth was observed in countries like Ukraine, Hungary, Italy, Latvia, and Slovakia, demonstrating substantial increases in their renewable energy shares. In contrast, declines were noted in Estonia and Portugal. The compound annual growth rates (CAGR) over the past five years highlight dynamic shifts, with emerging markets like Macedonia showing strong potential for growth.
Future trends to watch include:
- Increasing efforts in energy transition among leading and emerging European countries.
- Potential for technology innovations to boost consumption in underperforming nations.
- Policy shifts toward greener energy impacting non-metallic minerals production.
- Volatility in geopolitical landscapes influencing energy strategies in regions like Eastern Europe.
Top countries in Renewables and Biofuels Final Consumption in Non-Metallic Minerals Sector Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.83 | 2023 | +1.94% | +1.73% | View data |
| 2 | 2 Spain | 12.15 | 2023 | +2.86% | +8% | View data |
| 3 | 3 Italy | 10.88 | 2023 | +1.95% | +13.43% | View data |
| 4 | 4 United Kingdom | 10.54 | 2023 | +5.16% | +5.29% | View data |
| 5 | 5 Belgium | 6.17 | 2023 | +1.16% | +0.94% | View data |
| 6 | 6 France | 6.04 | 2023 | +2.16% | -0.26% | View data |
| 7 | 7 Poland | 4.77 | 2023 | +4.91% | +10.24% | View data |
| 8 | 8 Portugal | 3.09 | 2023 | -7.56% | -2.21% | View data |
| 9 | 9 Hungary | 2.82 | 2023 | +2.77% | +16.38% | View data |
| 10 | 10 Latvia | 2.53 | 2023 | +11.29% | +13.78% | View data |
