Germany leads in final consumption of renewables and biofuels in the European construction sector with 74.3 thousand tonnes, followed by Sweden and France. Netherlands and Spain also exhibit significant consumption, while Eastern European nations like Bulgaria and Macedonia lag behind. Notably, Germany experienced an 8.21% growth in a year, with countries like Portugal and Romania also showing impressive year-on-year surges. Conversely, countries such as Czech Republic and Slovenia experienced declines. The five-year CAGR reflects Germany's sustained leadership, while emerging trends hint Estonia and Iceland's potential rise given recent variations.
Future trends to watch include:
- Germany maintaining its leading position while other countries might improve their infrastructure to increase renewables usage.
- Potential policy changes in Eastern Europe that could incentivize increased renewable consumption.
- Continued advancements in biofuel technology across Europe, potentially increasing efficiency and reducing costs.
Top countries in Construction Sector Final Consumption of Renewables and Biofuels by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 74.3 | 2023 | +4.87% | +8.21% | View data |
| 2 | 2 Sweden | 66.14 | 2023 | +4.24% | +2.55% | View data |
| 3 | 3 France | 64.21 | 2023 | +2.73% | +2.72% | View data |
| 4 | 4 Netherlands | 51.66 | 2023 | +14.14% | +9.2% | View data |
| 5 | 5 Spain | 32.48 | 2023 | +23.37% | +2.99% | View data |
| 6 | 6 Austria | 18.92 | 2023 | +1.05% | +1.93% | View data |
| 7 | 7 Finland | 12.56 | 2023 | +2.69% | View data | |
| 8 | 8 Portugal | 6.21 | 2023 | +2.8% | +10.82% | View data |
| 9 | 9 Hungary | 5.14 | 2023 | +10.83% | +3.63% | View data |
| 10 | 10 Norway | 4.54 | 2023 | +0.15% | View data |
