In 2023, Ukraine led European gas oil and diesel oil consumption in the iron and steel sector with 801.2 GWh, despite a 2.1% decrease. Other notable consumers include Spain, Sweden, and Italy, with Italy displaying an impressive 7.67% increase. Germany and Kosovo also reported positive trends with 3.14% and 10.87% respectively. Conversely, Macedonia and Hungary saw significant declines of -17.32% and -9.51%. Trends indicate geographical and economic disparities in energy consumption changes, with Romania showing remarkable growth.
Looking ahead, European energy consumption is expected to evolve as countries increasingly shift towards sustainable practices. Factors like geopolitical influences, technological advancements in the energy sector, and economic recovery post-pandemic will play crucial roles. Monitoring growth in Romania and shifts in Italy's consumption will provide insights into future industrial energy consumption patterns in Europe.
Top countries in Gas Oil and Diesel Oil (Excluding Biofuel Portion) Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 801.2 | 2023 | +1.22% | -2.1% | View data |
| 2 | 2 Spain | 236.12 | 2023 | +0.19% | -1.19% | View data |
| 3 | 3 Sweden | 207.91 | 2023 | +2.55% | -0.47% | View data |
| 4 | 4 Italy | 205.44 | 2023 | +3.28% | +7.67% | View data |
| 5 | 5 France | 153.08 | 2023 | -3.13% | -1.7% | View data |
| 6 | 6 Germany | 139.22 | 2023 | -5.21% | +3.14% | View data |
| 7 | 7 Kosovo | 129.19 | 2023 | +7.95% | +10.87% | View data |
| 8 | 8 Belgium | 125.81 | 2023 | -0.95% | +0.83% | View data |
| 9 | 9 Norway | 55.06 | 2023 | -1.98% | +0.52% | View data |
| 10 | 10 Iceland | 47.66 | 2023 | +2.7% | View data |
