The European domestic navigation sector shows Finland leading in 2024 with 413.32 terajoules of renewables and biofuels consumption. Sweden and Norway follow closely, both demonstrating stable growth trends, with Sweden's rise flatlining in 2023 while Norway experienced an increase of nearly 11%. The Netherlands stood at 233.72 terajoules with notable growth, while France shows moderate consumption growth. Conversely, countries like Portugal, Spain, Greece, and Malta show declines or minimal increases. Luxembourg and Iceland maintain the lowest consumption, reflecting either small-scale adoption or limited renewables sources.
Future trends to watch include Norway and Finland continuing to leverage their abundant natural resources for renewable energy production. Meanwhile, the Netherlands could show further growth due to ongoing investments in sustainable maritime technologies. Monitoring regulatory policies and technological innovations is crucial as these factors significantly influence the speed at which biofuels and renewables are adopted across various countries.
Top countries in Domestic Navigation Sector Final Consumption of Renewables and Biofuels by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 413.32 | 2023 | +20.37% | +37.92% | View data |
| 2 | 2 Sweden | 349.79 | 2023 | +7.57% | View data | |
| 3 | 3 Norway | 315.77 | 2023 | +2.65% | +10.94% | View data |
| 4 | 4 Netherlands | 233.72 | 2023 | +46.61% | +31.69% | View data |
| 5 | 5 France | 208.95 | 2023 | +9.82% | +5.47% | View data |
| 6 | 6 Portugal | 71.1 | 2023 | -0.63% | -5.82% | View data |
| 7 | 7 Spain | 26.56 | 2023 | +2.77% | -6.93% | View data |
| 8 | 8 Greece | 20.19 | 2023 | +5.94% | +9.78% | View data |
| 9 | 9 Cyprus | 5.79 | 2023 | +35.06% | View data | |
| 10 | 10 Malta | 3.25 | 2023 | +4.07% | +5.61% | View data |
