In 2023, Finland and Sweden led the European wood and wood products sector's heat consumption with shares of around 20.7% each. Croatia experienced the most significant increase in consumption, up by 12.8%. Meanwhile, significant declines were noted in Hungary at -21.78% and Slovakia at -12.54%.
2024 forecasts suggest stability for top sectors, while technological advancements and renewable energy policies in the EU may further influence heat consumption. Monitoring the development and adoption of green technologies, regulatory changes, and market competitiveness will be crucial in understanding future trends in the sector.
Top countries in Wood and Wood Products Sector Final Consumption of Heat Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 20.74 | 2023 | +2.51% | +0.52% | View data |
| 2 | 2 Sweden | 20.49 | 2023 | +18.16% | View data | |
| 3 | 3 Ukraine | 10.47 | 2023 | +2.68% | +0.85% | View data |
| 4 | 4 Poland | 9.49 | 2023 | +8.62% | +4.23% | View data |
| 5 | 5 Austria | 6.66 | 2023 | -0.065% | -2.71% | View data |
| 6 | 6 Croatia | 6.16 | 2023 | +6.05% | +12.8% | View data |
| 7 | 7 Germany | 5.79 | 2023 | +2.73% | -1.98% | View data |
| 8 | 8 Latvia | 5.57 | 2023 | -8.87% | -6.42% | View data |
| 9 | 9 Italy | 3.27 | 2023 | +2.55% | -0.54% | View data |
| 10 | 10 Romania | 1.87 | 2023 | +14.83% | -9.35% | View data |
