The European machinery sector's consumption of solid fossil fuels shows significant country-specific disparities. In 2023, France led with a consumption of 31.07 thousand tonnes of oil equivalent, demonstrating a minor decrease from the previous year. Germany saw a slight increase, while Serbia showed a larger rise. Poland experienced a noteworthy reduction, and the UK also saw a decline. Smaller countries like Bosnia and Herzegovina had minimal usage, with a further decline in Bulgaria.
Future trends to watch include:
- The potential reduction in fossil fuel dependence as countries transition to renewable energy sources, affecting consumption levels.
- Policy shifts towards sustainability in larger markets like Germany and France, which could impact sector dynamics and fuel usages.
- The influence of technological advancements in energy efficiency on reducing solid fossil fuel demand in machinery manufacturing.
Top countries in Machinery Sector Final Consumption of Solid Fossil Fuels Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 31.07 | 2023 | -5.87% | -2.06% | View data |
| 2 | 2 Germany | 19.26 | 2023 | -3.1% | +1.65% | View data |
| 3 | 3 Serbia | 15.65 | 2023 | +0.84% | +2.25% | View data |
| 4 | 4 Poland | 12.91 | 2023 | -49.97% | -20.35% | View data |
| 5 | 5 United Kingdom | 10.52 | 2023 | -4.12% | -4.19% | View data |
| 6 | 6 Czech Republic | 6.73 | 2021 | -20.26% | -15.93% | View data |
| 7 | 7 Bosnia and Herzegovina | 1.47 | 2023 | +0.77% | -2.12% | View data |
| 8 | 8 Hungary | 0.5 | 2023 | -0.84% | -20.05% | View data |
| 9 | 9 Montenegro | 0.38 | 2023 | +5.53% | +5.53% | View data |
| 10 | 10 Latvia | 0.16 | 2023 | 0% | +21.67% | View data |