The European solar thermal market shows significant variations among countries. In 2023, Germany leads with a high consumption level, but experienced a slight decline. Southern European countries like Greece, Spain, and Italy show positive growth, with Italy demonstrating the most substantial gain. Northern and Eastern European markets like Finland and Poland are growing rapidly, indicating increasing adoption. Northern countries like Sweden and the Netherlands show declines, potentially due to mature markets or competing technologies.
Future trends to watch include continued growth in Eastern and Southern Europe, driven by policy incentives. Climate targets will likely spur innovation, and countries with higher solar exposure can be expected to lead in consumption growth.
Top countries in Solar Thermal Final Consumption by Households Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31.4 | 2023 | +0.22% | -0.16% | View data |
| 2 | 2 Greece | 13.23 | 2023 | +2.33% | +2.82% | View data |
| 3 | 3 Spain | 12.91 | 2023 | +3.34% | +4.36% | View data |
| 4 | 4 Italy | 8.95 | 2023 | +4.39% | +5.02% | View data |
| 5 | 5 France | 8.4 | 2023 | +2.49% | +3.22% | View data |
| 6 | 6 Austria | 5.61 | 2023 | +2.66% | +3.13% | View data |
| 7 | 7 Poland | 4.07 | 2023 | +8.12% | +13.04% | View data |
| 8 | 8 Cyprus | 2.94 | 2023 | +2.84% | +2.16% | View data |
| 9 | 9 Portugal | 2.93 | 2023 | +3.2% | +3.34% | View data |
| 10 | 10 United Kingdom | 1.72 | 2023 | +1.87% | +1.96% | View data |
