The European Construction Sector's consumption of renewables and biofuels in 2023 demonstrates significant variance among countries. Germany leads with the largest share, showing robust growth of 9.13% year-on-year. Sweden and France also have substantial shares, although their growth rates are more moderate at 3.22% and 3.51%, respectively. Rapid gains are noted in Romania and Ukraine with 17.03% and 23.87% increases, indicating a growing emphasis on renewable energy. Conversely, Czech Republic and Bulgaria experienced declines, suggesting potential challenges in their adoption or resource availability.
Looking ahead, several trends are anticipated to shape the sector:
- Continued growth in high-adopting countries like Germany, potentially driven by policy incentives and technological advancements.
- An increase in share from nations like Romania and Ukraine, which may benefit from further investments and infrastructure improvements.
- Potential challenges for countries experiencing declines, necessitating strategic adjustments to reverse the trend.
- Overall, a gradual yet steady embrace of renewables across Europe as sustainability becomes an increasing priority.
Top countries in Construction Sector Final Consumption of Renewables and Biofuels Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.21 | 2023 | +8.58% | +9.13% | View data |
| 2 | 2 Sweden | 18.69 | 2023 | +6.39% | +3.22% | View data |
| 3 | 3 France | 18.25 | 2023 | +4.64% | +3.51% | View data |
| 4 | 4 Netherlands | 14.15 | 2023 | +14.2% | +9.23% | View data |
| 5 | 5 Spain | 9.35 | 2023 | +27.29% | +4.03% | View data |
| 6 | 6 Austria | 5.31 | 2023 | +2.34% | +2.46% | View data |
| 7 | 7 Finland | 3.4 | 2023 | +2.73% | View data | |
| 8 | 8 Portugal | 1.7 | 2023 | +2.35% | +10.59% | View data |
| 9 | 9 Hungary | 1.4 | 2023 | +10.82% | +3.62% | View data |
| 10 | 10 Norway | 1.24 | 2023 | +0.21% | View data |
