In 2023, Norway led the European chemical and petrochemical sector for final consumption of primary solid biofuels, with a significant share, experiencing a substantial year-on-year growth of 39.63%. France and the United Kingdom also showed notable consumption with respective increases of 10.85% and 34.36%. Conversely, certain countries like Austria and Slovakia experienced marginal or negative growth. Over the last five years, the consumption of primary solid biofuels has been increasing steadily, although some fluctuations are noted annually.
Looking forward, the European Chemical and Petrochemical sector is likely to witness continued expansion in the adoption of primary solid biofuels. Driving factors may include enhanced sustainability goals, technological advancements, and supportive policy frameworks. Countries with renewable energy targets such as Norway and the UK are expected to remain leading contributors to this trend. Monitoring policy changes and technological innovations will be crucial for anticipating shifts in this sector.
Top countries in Chemical and Petrochemical Sector Final Consumption of Primary Solid Biofuels Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 29.08 | 2023 | +13.61% | +39.63% | View data |
| 2 | 2 France | 20.16 | 2023 | +3.61% | +10.85% | View data |
| 3 | 3 Austria | 8.09 | 2023 | +3.3% | -0.2% | View data |
| 4 | 4 Sweden | 7.16 | 2023 | +3.24% | +24.92% | View data |
| 5 | 5 Germany | 6.57 | 2023 | +2.56% | +0.48% | View data |
| 6 | 6 United Kingdom | 5.15 | 2023 | +7.01% | +34.36% | View data |
| 7 | 7 Slovenia | 3.65 | 2023 | +2.62% | +2.72% | View data |
| 8 | 8 Serbia | 3.59 | 2023 | +22.68% | +29.18% | View data |
| 9 | 9 Denmark | 3.22 | 2023 | +13.37% | +19.88% | View data |
| 10 | 10 Bulgaria | 2.42 | 2023 | +5.55% | +15.17% | View data |
