In 2023, the United Kingdom leads with 17.35 Thousand Tonnes of Oil Equivalent, while Germany (9.76) and Italy (9.47) follow. Denmark exhibited the highest year-on-year growth at 10.61%, with notable increases in the Netherlands (36.85%) and Finland (14.76%). Contributions from Latvia (21.33%) and Estonia (24.57%) are also significant. Austria and Hungary saw marginal declines. Emerging trends to monitor include substantial growth in Cyprus (13.51%) and Kosovo (46.92%).
As European nations strive to meet climate goals, an uptick in import volumes for renewable energy sources and biofuels is anticipated. Close attention should be paid to the impact of policy changes, technological advancements, and geopolitical factors on these trends.
Top countries in Imports of Renewables and Biofuels Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 17.35 | 2023 | +4.61% | +8.06% | View data |
| 2 | 2 Germany | 9.76 | 2023 | +3.1% | +3.57% | View data |
| 3 | 3 Italy | 9.47 | 2023 | +2.19% | +0.58% | View data |
| 4 | 4 Denmark | 9.26 | 2023 | +6.78% | +10.61% | View data |
| 5 | 5 Netherlands | 7.86 | 2023 | +16.63% | +36.85% | View data |
| 6 | 6 France | 7.44 | 2023 | +15.71% | +7.18% | View data |
| 7 | 7 Sweden | 6.27 | 2023 | +3.77% | +0.9% | View data |
| 8 | 8 Spain | 5.53 | 2023 | +7.57% | +1.1% | View data |
| 9 | 9 Belgium | 4.33 | 2023 | +3.53% | +3.63% | View data |
| 10 | 10 Poland | 3.62 | 2023 | +3.79% | +5.04% | View data |
