The European heat final consumption in the iron and steel sectors showcases significant disparities across countries. In 2023, Ukraine leads with a consumption of 1.23 million tonnes of oil equivalent, while Italy and Finland follow at much lower levels. Notably, countries like France, Italy, and Austria experienced notable year-on-year growth, with France at 9.6% being the highest. Conversely, Latvia, Macedonia, and other smaller consumers witnessed declines. Over the past five years, volatile variations indicate shifting consumption patterns influenced by technological advances and policy shifts.
Future trends to watch include:
- Adoption of greener technologies, likely reducing overall energy consumption.
- Impact of EU environmental policies fostering sustainable practices.
- Potential growth in Eastern European countries as they modernize their industries.
Top countries in Heat Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 1,230 | 2023 | +1.82% | -0.29% | View data |
| 2 | 2 Italy | 136.17 | 2023 | +7.35% | +8.66% | View data |
| 3 | 3 Finland | 93.22 | 2023 | +2.81% | +1.36% | View data |
| 4 | 4 Poland | 81.72 | 2023 | +1.86% | -2.26% | View data |
| 5 | 5 Czech Republic | 75.72 | 2023 | +3.7% | +1.56% | View data |
| 6 | 6 Serbia | 69.29 | 2023 | +8.32% | -1.67% | View data |
| 7 | 7 Germany | 34.28 | 2023 | -0.047% | +0.83% | View data |
| 8 | 8 Hungary | 26.46 | 2023 | -0.0076% | -1.7% | View data |
| 9 | 9 Sweden | 23.67 | 2023 | +2.68% | View data | |
| 10 | 10 France | 14.58 | 2023 | +2.85% | +9.6% | View data |
