In 2024, Norway leads the European electricity final consumption in the non-ferrous metal sector, followed by Germany and Iceland. The data from 2023 shows a declining trend in countries such as Germany, Spain, and Greece, with Norway and Slovakia witnessing consumption increases. Significant growth is observed in smaller markets like Latvia and Kosovo, while Montenegro and Bosnia and Herzegovina report notable declines. The sector demonstrates diverse trends, pointing to an evolving energy landscape influenced by economic, technological, and policy changes.
Future trends to watch include the impact of energy efficiency measures, shifting production centers due to environmental regulations, and investments in renewable energy, potentially affecting consumption patterns across European countries. Additionally, technological advancements in metallurgy and recycling could influence future energy demands in the sector.
Top countries in Electricity Final Consumption in Non-Ferrous Metal Sector by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 2,030 | 2023 | +0.7% | +1.71% | View data |
| 2 | 2 Germany | 1,270 | 2023 | -0.73% | -1.26% | View data |
| 3 | 3 Iceland | 1,130 | 2023 | +0.24% | -0.63% | View data |
| 4 | 4 France | 699.3 | 2023 | -0.76% | +0.35% | View data |
| 5 | 5 Spain | 600.46 | 2023 | -0.094% | -5.23% | View data |
| 6 | 6 Romania | 328.54 | 2023 | +6.32% | +1.86% | View data |
| 7 | 7 Greece | 316.87 | 2023 | -3.33% | -5.41% | View data |
| 8 | 8 United Kingdom | 285.93 | 2023 | -4.17% | -4.04% | View data |
| 9 | 9 Sweden | 245.99 | 2023 | -0.0016% | -0.96% | View data |
| 10 | 10 Slovakia | 237.42 | 2023 | +4.75% | +1.77% | View data |
