In 2023, Germany led European natural gas consumption in the iron and steel sectors, despite a decline by 1.78%. Spain, Finland, Bosnia and Herzegovina, Greece, and other countries experienced significant increases, whereas the UK and several Eastern European countries saw substantial reductions. Over the past five years, consumption suffered across many regions, but exceptions like Norway and Estonia had positive trends. The average yearly change suggests a challenging landscape for natural gas reliance in this sector.
Future trends to watch include possible growth in renewable energy usage, impacting natural gas consumption. Industrial energy efficiency improvements and geopolitical factors could further alter these consumption patterns across Europe.
Top countries in Natural Gas Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 85,000 | 2023 | -0.58% | -1.78% | View data |
| 2 | 2 Ukraine | 60,650 | 2023 | +0.0064% | +0.55% | View data |
| 3 | 3 Italy | 45,970 | 2023 | -1.12% | -3.08% | View data |
| 4 | 4 Spain | 28,240 | 2023 | +4.75% | +1.78% | View data |
| 5 | 5 France | 24,180 | 2023 | +6.22% | -3.68% | View data |
| 6 | 6 Poland | 22,300 | 2023 | -0.78% | -2.27% | View data |
| 7 | 7 Belgium | 19,370 | 2023 | -0.35% | -2.13% | View data |
| 8 | 8 Austria | 16,200 | 2023 | +2.15% | -1.78% | View data |
| 9 | 9 Netherlands | 10,770 | 2023 | -0.075% | +1.88% | View data |
| 10 | 10 United Kingdom | 8,930 | 2023 | -9.14% | -7.22% | View data |
