The 2024 forecast for European Primary Solid Biofuels available for final consumption reveals Germany as the leader with 124.91 TWh, followed by France with 95.67 TWh and Poland with 91.03 TWh. Trends from 2023 show significant variations, with the Czech Republic experiencing a 5.01% increase, while Iceland saw a drastic decrease of 60.54%. Consistent growth has been noted in Slovakia (+19.91%) and Serbia (+12.1%), while Luxembourg and Moldova experienced declines of -5.9% and -3.24%, respectively. The average annual growth rate (CAGR) provides a nuanced view of market shifts over the past five years.
Future trends to watch in the European Primary Solid Biofuels market include significant growth potential in renewable energy adoption and advancements in biofuel technology, influenced by legislative support and increasing environmental concerns. Furthermore, monitoring the impact of geopolitical developments and economic policies will be essential for anticipating market dynamics.
Top countries in Primary Solid Biofuels Available for Final Consumption by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 124,910 | 2023 | +1.15% | +2.4% | View data |
| 2 | 2 France | 95,670 | 2023 | +0.074% | +0.31% | View data |
| 3 | 3 Poland | 91,030 | 2023 | +3.08% | -0.43% | View data |
| 4 | 4 Italy | 82,420 | 2023 | +0.6% | +1.21% | View data |
| 5 | 5 Finland | 65,090 | 2023 | +1.18% | +0.3% | View data |
| 6 | 6 Sweden | 64,970 | 2023 | +0.88% | +1.87% | View data |
| 7 | 7 United Kingdom | 43,300 | 2023 | +3.68% | +3.76% | View data |
| 8 | 8 Spain | 43,100 | 2023 | +0.059% | +0.14% | View data |
| 9 | 9 Romania | 40,470 | 2023 | +1.05% | +1.12% | View data |
| 10 | 10 Austria | 38,190 | 2023 | +0.66% | +1.74% | View data |