Current market data highlights Spain as the dominant player in European Solar Thermal Energy Supply, contributing 53.69 thousand tonnes of oil equivalent, followed by Germany at 14.92. Notable year-on-year increases in 2023 include significant growth in Poland (11.75%) and Romania (11.24%), while Germany experienced a slight decline (-0.13%). Over the last five years, countries like Spain, Poland, and Croatia have shown robust growth rates, with Poland leading the average annual growth rate.
Future trends to monitor involve continued expansion in newer markets like Poland and Romania, as they strive to catch up with more established nations. Additionally, watch for technological advancements and policy changes that could drive significant shifts in supply shares across Europe.
Top countries in Solar Thermal Energy Supply Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 53.69 | 2023 | +5.63% | +4.3% | View data |
| 2 | 2 Germany | 14.92 | 2023 | +0.28% | -0.13% | View data |
| 3 | 3 Greece | 6.27 | 2023 | +2.35% | +2.82% | View data |
| 4 | 4 Italy | 5.17 | 2023 | +3.18% | +3.77% | View data |
| 5 | 5 France | 4.19 | 2023 | +2.6% | +3.31% | View data |
| 6 | 6 Austria | 3.43 | 2023 | -0.77% | -0.73% | View data |
| 7 | 7 Portugal | 2.24 | 2023 | +3.59% | +3.8% | View data |
| 8 | 8 Poland | 1.95 | 2023 | +7.58% | +11.75% | View data |
| 9 | 9 Cyprus | 1.54 | 2023 | +1.74% | +1.71% | View data |
| 10 | 10 Denmark | 1.25 | 2023 | -5.21% | -0.74% | View data |