The European renewables and biofuels consumption in the textile and leather sector reveals Serbia leading the consumption in 2024, despite a decrease in the previous year. Portugal, while second, also recorded a dip. Notable increases were seen in Ukraine, with a remarkable 27.94% rise, and in Germany with an 11.55% increase. Conversely, Romania and Bulgaria experienced significant reductions. The CAGR over the past five years suggests a generally positive trend with countries like Finland and the Czech Republic standing out for their significant growth.
Future trends to watch include:
- The impact of increased regulatory measures on renewables in major economies like Germany and Spain, potentially driving further growth.
- The role of technological advancements in improving biofuel efficiency and adoption across lower-performing countries like Greece and Cyprus.
- Market shifts driven by economic recovery post-2024, especially in Eastern European countries which may alter consumption patterns.
Top countries in Renewables and Biofuels Final Consumption in Textile and Leather Sector Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 37.82 | 2023 | -1.73% | -1.66% | View data |
| 2 | 2 Portugal | 24.64 | 2023 | -4.28% | -1.83% | View data |
| 3 | 3 Spain | 12.91 | 2023 | +2.48% | +1.01% | View data |
| 4 | 4 Ukraine | 5.8 | 2023 | +27.66% | +27.94% | View data |
| 5 | 5 Germany | 5.51 | 2023 | +3.64% | +11.55% | View data |
| 6 | 6 Bulgaria | 2.84 | 2023 | +8.78% | -6.33% | View data |
| 7 | 7 Slovenia | 2.08 | 2023 | +1.52% | +6.08% | View data |
| 8 | 8 Romania | 1.16 | 2023 | -21.5% | -17.52% | View data |
| 9 | 9 Lithuania | 1.02 | 2023 | 0% | -6.25% | View data |
| 10 | 10 Denmark | 0.96 | 2023 | +6.85% | -3.57% | View data |
