The European fossil energy consumption in the iron and steel sectors shows significant variations across countries in 2023. Ukraine leads consumption, with Germany and Italy following. Notable declines were seen in countries like Poland and the UK. Austria and Norway were exceptions, with incremental increases. Year-on-year negative trends dominate, indicating a general decrease in fossil energy use across most nations. Emerging markets like Iceland and Macedonia show substantial growth, though starting from lower baselines.
Looking ahead, the shift towards sustainable energy is anticipated to intensify, driven by policies on emissions reduction. Growth in renewable energy sources and technological advances will likely influence the consumption patterns in the iron and steel sectors across Europe. Monitoring these changes is crucial for strategic planning.
Top countries in Fossil Energy Final Consumption in Iron and Steel Sectors Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 24.64 | 2023 | -4.6% | -3.5% | View data |
| 2 | 2 Germany | 21.7 | 2023 | -1.73% | -3.44% | View data |
| 3 | 3 Italy | 10.78 | 2023 | +0.29% | -1.42% | View data |
| 4 | 4 Poland | 5.4 | 2023 | -3.72% | -5.68% | View data |
| 5 | 5 Spain | 4.84 | 2023 | +1.52% | -2.33% | View data |
| 6 | 6 Romania | 3.96 | 2023 | -0.048% | -0.78% | View data |
| 7 | 7 Slovakia | 3.18 | 2023 | +2.53% | -1.91% | View data |
| 8 | 8 Czech Republic | 2.94 | 2023 | -6.38% | -4.84% | View data |
| 9 | 9 Austria | 2.85 | 2023 | +0.46% | +1.39% | View data |
| 10 | 10 France | 2.78 | 2023 | -1.66% | -4.52% | View data |
