In 2023, Norway led the European chemical and petrochemical sector in the share of renewables and biofuels consumption, with a notable 29.6% increase over the year. France and the UK experienced significant growth at 10.49% and 12.28%, respectively. Germany showed a more modest increase of 3.73%, reflecting steady progress. Sweden surged by 28.47%, indicating a strong shift towards renewables, while Greece saw a substantial decline of 31.38%. Over five years, countries like Macedonia demonstrated substantial growth in biofuel shares, while others such as Slovakia experienced a downward trend.
Future trends to watch include:
- The continued rise of Norway as a leader in renewable consumption.
- Potential recovery of Greece and Slovakia with policy reforms.
- Expansion in Eastern European countries as they adopt more sustainable practices.
- Technological advancements and legislative changes boosting continental harmonization efforts in renewables usage.
Top countries in Chemical and Petrochemical Sector Final Consumption of Renewables and Biofuels Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 25.6 | 2023 | +9.54% | +29.6% | View data |
| 2 | 2 France | 17.2 | 2023 | +3.26% | +10.49% | View data |
| 3 | 3 Germany | 11.66 | 2023 | +2.6% | +3.73% | View data |
| 4 | 4 United Kingdom | 9.76 | 2023 | +6.37% | +12.28% | View data |
| 5 | 5 Austria | 7.03 | 2023 | +4.37% | -1.37% | View data |
| 6 | 6 Sweden | 6.74 | 2023 | +7.85% | +28.47% | View data |
| 7 | 7 Slovenia | 2.91 | 2023 | +2.62% | +2.72% | View data |
| 8 | 8 Serbia | 2.87 | 2023 | +22.68% | +29.18% | View data |
| 9 | 9 Denmark | 2.58 | 2023 | +13.37% | +19.89% | View data |
| 10 | 10 Lithuania | 2.18 | 2023 | +2.62% | +2.36% | View data |
