The data for 2023 shows Macedonia leading in petroleum coke consumption in the iron and steel sector within Europe, with substantial usage at 70.55 Gigawatthours. France and Kosovo follow as significant consumers, though they both experienced a notable decrease from the previous year, down by 6.98% and 4.92%, respectively. Conversely, Macedonia and Albania saw impressive growth in consumption, with Macedonia increasing by 16.64% and Albania by 15.01%. Excluding the Netherlands and Norway, other countries have smaller consumption figures, with limited growth in several cases. The consumption patterns exhibit both potential for expansion and areas of decline.
Future trends to observe in the European petroleum coke market include:
- Potential continued growth in emerging markets like Macedonia and Albania.
- Shifts in consumption patterns in established markets due to policy changes and technological advancements.
- The impact of environmental regulations on the consumption trends, especially in Western Europe.
- Potential for market consolidation and efficiency improvements within the industry to leverage energy resources more effectively.
Top countries in Petroleum Coke Final Consumption in Iron and Steel Sectors Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Macedonia | 70.55 | 2023 | +6.86% | +16.64% | View data |
| 2 | 2 France | 10.03 | 2023 | +22.81% | -6.98% | View data |
| 3 | 3 Kosovo | 9.68 | 2023 | -7.89% | -4.92% | View data |
| 4 | 4 Norway | 5.97 | 2023 | +29.91% | View data | |
| 5 | 5 Germany | 5.91 | 2023 | +6.59% | -0.4% | View data |
| 6 | 6 Sweden | 5.01 | 2023 | +6.84% | +13.79% | View data |
| 7 | 7 Belgium | 4.56 | 2023 | +3.69% | +7.75% | View data |
| 8 | 8 Albania | 3.99 | 2023 | +7.92% | +15.01% | View data |
| 9 | 9 Poland | 2.01 | 2023 | +2.81% | +6.01% | View data |
| 10 | 10 Greece | 1.31 | 2023 | +2.04% | -7.22% | View data |
