In 2023, Sweden led European blended biodiesel consumption in the transport equipment sector with a marked increase of 7.41% from the previous year. Portugal followed, showing a significant rise of 10.18%, while France reached 11.52%, indicating strong growth momentum. Austria had marginal growth at 1.46%, and Greece, Finland, and Norway saw no variation, reflecting stability in their consumption levels.
Future trends to watch include:
- Sweden's potential to maintain leadership due to robust growth dynamics.
- Shifts in Portugal and France possibly leveraging their high growth rates as they expand biodiesel infrastructure.
- Monitoring Austria's slower growth pace to understand possible market saturation or policy impacts.
- Greece, Finland, and Norway’s strategies to spur adoption amid stable current consumption.
Top countries in Blended Biodiesels Final Consumption in Transport Equipment Sector by Country
| # | 7 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 2.38 | 2023 | +25.36% | +7.41% | View data |
| 2 | 2 Portugal | 0.48 | 2023 | +8.37% | +10.18% | View data |
| 3 | 3 France | 0.24 | 2023 | +10.19% | +11.52% | View data |
| 4 | 4 Austria | 0.043 | 2023 | +4.88% | +1.46% | View data |
| 5 | 5 Greece | 0.018 | 2023 | +5.88% | View data | |
| 6 | 6 Finland | 0.012 | 2023 | 0% | View data | |
| 7 | 7 Norway | 0.008 | 2023 | 0% | View data |
