The analysis of European renewables and biofuels consumption within the machinery sector reveals that Germany leads significantly, followed by Denmark, while countries like Netherlands, Cyprus, and Moldova show minimal utilization. Notably, Sweden, Finland, and Slovenia experienced the most remarkable growth in the last year, with increases exceeding 15%. Conversely, Serbia, Ukraine, and Lithuania faced significant declines. Over a five-year period, growth has been modest but steady.
Looking ahead, trends to watch include increased sustainability efforts driven by the European Green Deal, technological advancements in biofuels, and potential shifts in policy that may bolster consumption in under-represented countries, impacting the overall regional energy landscape.
Top countries in Renewables and Biofuels Final Consumption in Machinery Sector by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 58.64 | 2023 | +3.02% | +2.08% | View data |
| 2 | 2 Denmark | 18.79 | 2023 | +2.14% | +9.41% | View data |
| 3 | 3 Serbia | 12.87 | 2023 | +2.89% | -13.54% | View data |
| 4 | 4 Sweden | 10.82 | 2023 | +2.2% | +15.7% | View data |
| 5 | 5 Austria | 9.01 | 2023 | +1.29% | +2.54% | View data |
| 6 | 6 Slovakia | 5.81 | 2023 | +5.05% | +0.94% | View data |
| 7 | 7 Romania | 5.73 | 2023 | +13.55% | -2.17% | View data |
| 8 | 8 Czech Republic | 5.66 | 2023 | +3.1% | +11.01% | View data |
| 9 | 9 Ukraine | 5.27 | 2023 | +17.69% | -8.87% | View data |
| 10 | 10 France | 4.34 | 2023 | +6.87% | +0.74% | View data |
