In 2023, Italy significantly led European fuel oil consumption in the textile and leather sector, with a consumption value of 15.95 thousand tonnes of oil equivalent, overshadowing other countries. Serbia and Portugal followed, though their consumption levels were considerably lower. Notable year-on-year variations included a 12.58% decline in Italy and a drastic 34.37% drop in Ukraine. Serbia and Bosnia saw modest increases of 0.88% and 2.09%, respectively. Over the past five years, the sector has seen varying trends, with compound annual growth rates fluctuating, highlighting a sector facing economic and environmental challenges.
Future trends to watch in European fuel oil consumption for textiles and leather include:
- A shift towards sustainable energy sources may further reduce fuel oil consumption.
- Economic pressures could influence the sector's energy choices and efficiency improvements.
- Technological advancements are likely to drive further energy optimization and change consumption patterns.
- Geopolitical factors may continue to impact energy availability and pricing, influencing consumption trends.
Top countries in Fuel Oil Final Consumption in Textile and Leather Sector by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 15.95 | 2023 | +8.45% | -12.58% | View data |
| 2 | 2 Serbia | 2.66 | 2023 | +18.69% | +0.88% | View data |
| 3 | 3 Portugal | 2.08 | 2021 | +33.59% | -11.46% | View data |
| 4 | 4 France | 1.9 | 2021 | +112.15% | -7.86% | View data |
| 5 | 5 Macedonia | 1.43 | 2023 | +3.52% | -3.06% | View data |
| 6 | 6 Greece | 1.3 | 2021 | +20.19% | -14.65% | View data |
| 7 | 7 Poland | 0.63 | 2021 | +125% | View data | |
| 8 | 8 Spain | 0.51 | 2021 | -46.94% | -23.31% | View data |
| 9 | 9 Estonia | 0.47 | 2023 | +20.56% | View data | |
| 10 | 10 Bosnia and Herzegovina | 0.38 | 2023 | +13.52% | +2.09% | View data |
