The European domestic navigation sector's final consumption of renewables and biofuels shifted significantly in 2023. Finland, at a leading position, showed a high consumption level of 114.81 GWh, with a remarkable annual growth of 37.92%. Other notable performances include Sweden at 97.13 GWh and Norway with an 87.67 GWh consumption, achieving a 10.96% increase. The Netherlands and France also showed considerable growth, with 31.7% and 5.47% growth respectively. In contrast, countries like Portugal and Spain observed reductions, with consumption dropping by 5.82% and 6.92% respectively. Smaller countries such as Cyprus and Iceland remained largely unchanged.
Future trends to watch include:
- Finland's sustained increase potentially leading innovation in maritime fuel alternatives.
- Steady growth in the Nordics indicating continued policy or industry support.
- Potential recovery in countries witnessing declines, as policy shifts may favor biofuels in response to climate regulations.
Top countries in Domestic Navigation Sector Final Consumption of Renewables and Biofuels by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 114.81 | 2023 | +20.37% | +37.92% | View data |
| 2 | 2 Sweden | 97.13 | 2023 | +7.56% | View data | |
| 3 | 3 Norway | 87.67 | 2023 | +2.71% | +10.96% | View data |
| 4 | 4 Netherlands | 64.95 | 2023 | +46.65% | +31.7% | View data |
| 5 | 5 France | 58.04 | 2023 | +9.82% | +5.47% | View data |
| 6 | 6 Portugal | 19.75 | 2023 | -0.63% | -5.82% | View data |
| 7 | 7 Spain | 7.38 | 2023 | +2.77% | -6.92% | View data |
| 8 | 8 Greece | 5.61 | 2023 | +5.95% | +9.79% | View data |
| 9 | 9 Cyprus | 1.61 | 2023 | +35.1% | View data | |
| 10 | 10 Malta | 0.9 | 2023 | +4.16% | +5.63% | View data |
