In 2023, Germany led the European chemical and petrochemical sector in electricity consumption at 27.33 terajoules. France and Belgium followed with 9.51 and 7.71 terajoules, respectively. Notable changes included Ukraine's sharp 7% rise, while Greece dropped by 13.43%. The sector's consumption patterns showed stability in major economies like Germany and France, with subtle increases in the Netherlands and rising trends in Spain and Norway.
Future trends to watch:
- Emerging markets like Ukraine and Slovakia may continue upward trends.
- Energy efficiency improvements and green initiatives could mitigate consumption in dominant countries.
- Economic shifts post-2023 could impact overall electricity consumption in the sector.
Top countries in Chemical and Petrochemical Sector Final Consumption of Electricity Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.33 | 2023 | +0.1% | -0.1% | View data |
| 2 | 2 France | 9.51 | 2023 | -1.23% | -0.68% | View data |
| 3 | 3 Belgium | 7.71 | 2023 | +0.81% | +0.56% | View data |
| 4 | 4 Italy | 7.2 | 2023 | -0.59% | -0.6% | View data |
| 5 | 5 United Kingdom | 7.18 | 2023 | -1.59% | -1.71% | View data |
| 6 | 6 Netherlands | 6.94 | 2023 | +0.81% | +0.16% | View data |
| 7 | 7 Spain | 5.05 | 2023 | -0.17% | +1.49% | View data |
| 8 | 8 Norway | 4.28 | 2023 | +1.5% | +1.76% | View data |
| 9 | 9 Poland | 4.24 | 2023 | -1.13% | -1.41% | View data |
| 10 | 10 Austria | 2.64 | 2023 | +1.53% | +1.62% | View data |
