As of 2024, Germany remains the leader in European heat final consumption within the chemical and petrochemical sectors, though it saw a slight decrease of 0.51% from 2023. Noteworthy increases include Ukraine, Poland, and Croatia, with the latter experiencing the highest growth at 21.41% over the last year. Conversely, significant declines were observed in Italy and the United Kingdom, dropping by 8.05% and 6.12%, respectively. Belgium and the Netherlands have shown steady growth, while Moldova reported an exceptional rise of 38.69%. Looking at the five-year trend, consistent growth areas have been identified, primarily in Eastern and Central Europe.
Looking ahead, key trends to watch include the impact of energy transitions on heat consumption across Europe, as sustainability initiatives become more prevalent. Countries exhibiting high growth rates such as Ukraine and Poland might continue to expand their capacity, driven by increased investment in renewable technologies. Conversely, Germany and other Western European nations may see moderate consumption changes as they leverage more efficient technologies and a shift towards lower-carbon processes. Monitoring these dynamics will be crucial in understanding how the sector adapts to EU climate goals and market demands.
Top countries in Heat Final Consumption in Chemical and Petrochemical Sectors by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 109,100 | 2023 | +1.81% | -0.51% | View data |
| 2 | 2 Netherlands | 54,370 | 2023 | -0.95% | +0.77% | View data |
| 3 | 3 France | 44,050 | 2023 | +7.16% | +4.21% | View data |
| 4 | 4 Ukraine | 31,490 | 2023 | +0.0095% | +8.04% | View data |
| 5 | 5 Italy | 27,560 | 2023 | +0.0074% | -8.05% | View data |
| 6 | 6 Poland | 15,110 | 2023 | +2.11% | +8.15% | View data |
| 7 | 7 Hungary | 12,610 | 2023 | +3.93% | +4.98% | View data |
| 8 | 8 Belgium | 12,200 | 2023 | +1.11% | +1.08% | View data |
| 9 | 9 Finland | 11,330 | 2023 | +3.58% | -0.28% | View data |
| 10 | 10 Sweden | 8,750 | 2023 | +28.2% | View data |