In 2023, Ukraine and Bosnia and Herzegovina led the European non-ferrous metals sector in the consumption of solid fossil fuels, with Ukraine consuming 31.6 thousand metric tons despite a 1.56% decline from the previous year. Bosnia and Herzegovina showed positive growth with a 3% increase. Poland recorded the most significant increase at 12.02%. Italy and the UK saw notable declines, with the UK experiencing a sharp 16.74% decrease. Serbia's consumption surged by 245.2%, indicating a substantial jump. The sector's varied trends highlight dynamic shifts among these countries.
Looking forward, attention should focus on Serbia's rapid consumption increase, which might influence regional coal demand dynamics. The expected slowing of fossil fuels consumption in future European decarbonization policies could compel countries like Ukraine and Italy, with declining trends, to further reduce reliance on solid fossil fuels. Monitoring technological advancements and policy changes will provide insights into further shifts in this sector.
Top countries in Non-Ferrous Metals Sector Final Consumption of Solid Fossil Fuels Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 31.6 | 2023 | +0.11% | -1.56% | View data |
| 2 | 2 Bosnia and Herzegovina | 31.02 | 2023 | +8.56% | +3% | View data |
| 3 | 3 Poland | 9.14 | 2023 | +7.1% | +12.02% | View data |
| 4 | 4 Sweden | 8.59 | 2023 | 0% | 0% | View data |
| 5 | 5 Germany | 8.57 | 2023 | +1.89% | +3.17% | View data |
| 6 | 6 Italy | 8.17 | 2023 | +11.1% | -2.56% | View data |
| 7 | 7 United Kingdom | 2.15 | 2023 | -25% | -16.74% | View data |
| 8 | 8 Serbia | 1.66 | 2023 | +13.03% | +245.2% | View data |
| 9 | 9 Finland | 1.41 | 2023 | 0% | -3.21% | View data |
| 10 | 10 Slovakia | 0.72 | 2023 | 0% | 0% | View data |
