European Heat Final Consumption in Chemical and Petrochemical Sectors by Country

In 2023, Germany led the European Heat Final Consumption in the Chemical and Petrochemical sectors with a consumption of 2.61 Million Tonnes of Oil Equivalent (MTOE), though it saw a slight decrease of 0.49% year-on-year. The Netherlands and France followed with consumptions of 1.35 MTOE and 1.0 MTOE, experiencing increases of 1.6% and 3.24% respectively. Ukraine and Poland showed significant growth, with increases of 8.04% and 8.53%. Italy and the United Kingdom, however, saw decreases of 6.8% and 6.12%. Moldova witnessed the highest growth at 38.68%, while Romania saw a massive decline of 25.77%. Other notable movements included Croatia's significant increase of 21.41% and Finland's slight decline of 0.59%.

Future trends to watch include the expected continuous growth in countries like Ukraine and Poland due to their recent strong year-on-year increases. Germany, despite being the largest consumer, might face slight decreases. Attention should also be given to Moldova and Croatia for their substantial increases, which may signal a shift in regional consumption patterns. Environmental regulations and shifts towards renewable energy sources could further impact these trends over the coming years.