In 2023, Germany dominated Europe's primary solid biofuels consumption in the machinery sector, consuming 45.01 thousand tonnes of oil equivalent. Denmark and Serbia followed, albeit with Serbia showing a decline of 13.19% year-on-year. Positive growth was notable in Austria, the Czech Republic, and Belgium, with the latter exhibiting a significant increase of 21.57%. Finland and Slovenia also experienced substantial increases, at 14.41% and 17.13%, respectively. Conversely, Ukraine, Lithuania, and other smaller economies saw decreases in consumption, reflecting diverse growth dynamics across Europe.
Looking ahead, considering environmental targets and policy changes, Europe is poised to adopt more solid biofuels, especially in countries with accelerated alternative energy initiatives. Watch for increased investments and technological advancements promoting biofuel integration, which are expected to shape the future landscape of renewable energy consumption in the machinery sector.
Top countries in Primary Solid Biofuels Final Consumption in Machinery Sector by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 45.01 | 2023 | +3.03% | +0.99% | View data |
| 2 | 2 Denmark | 18.68 | 2023 | +2.23% | +9.79% | View data |
| 3 | 3 Serbia | 13.13 | 2023 | +2.9% | -13.19% | View data |
| 4 | 4 Austria | 8.52 | 2023 | +1.27% | +3.52% | View data |
| 5 | 5 Czech Republic | 5.57 | 2023 | +2.99% | +11.42% | View data |
| 6 | 6 Ukraine | 5.27 | 2023 | +17.69% | -8.87% | View data |
| 7 | 7 Slovakia | 4.67 | 2023 | +1.68% | -3.18% | View data |
| 8 | 8 Romania | 4.35 | 2023 | +13.96% | -3.83% | View data |
| 9 | 9 France | 4.04 | 2023 | +10.27% | +2.91% | View data |
| 10 | 10 Italy | 3.99 | 2023 | +7.32% | +8.27% | View data |
