In 2023, Macedonia led European consumption of petroleum coke for iron and steel production, with an impressive annual increase of 16.7%. Belgium also saw significant growth at 34.38%, while France and Kosovo experienced slight declines. Germany's consumption rose modestly by 2.47%, whereas Norway and the Netherlands remained stable. Sweden and Albania surged by 13.79% and 16.25% respectively, while Poland increased by 6.01%. Greece and Croatia displayed contrasting trajectories, with consumption decreasing by 8.04% in Greece and increasing by 16.9% in Croatia.
Future trends to monitor include regulatory changes affecting petroleum coke usage due to environmental concerns, technological innovations in iron and steel production, and economic factors influencing sector demand across Europe. These factors could significantly impact consumption patterns, necessitating proactive strategic adjustments.
Top countries in Petroleum Coke Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Macedonia | 1,880 | 2023 | +6.97% | +16.7% | View data |
| 2 | 2 Belgium | 364.52 | 2023 | +11.62% | +34.38% | View data |
| 3 | 3 France | 258.54 | 2023 | +26.92% | -2.46% | View data |
| 4 | 4 Kosovo | 256.79 | 2023 | -7.89% | -4.92% | View data |
| 5 | 5 Germany | 180.8 | 2023 | +8.45% | +2.47% | View data |
| 6 | 6 Norway | 160.49 | 2023 | +28.51% | View data | |
| 7 | 7 Sweden | 132.78 | 2023 | +6.84% | +13.79% | View data |
| 8 | 8 Albania | 111.71 | 2023 | +11.3% | +16.25% | View data |
| 9 | 9 Poland | 53.29 | 2023 | +2.81% | +6.01% | View data |
| 10 | 10 Greece | 33.24 | 2023 | +0.006% | -8.04% | View data |
