In 2023, Sweden led European LPG consumption in the iron and steel sector, while Italy saw the highest increase at 18.22%, contrasting with Finland's 37.63% decline. Countries like Ukraine and Bulgaria showed stability with minimal variation, and Romania displayed significant growth of 21.15%. Notably, northern and western European countries generally presented moderate usage, whereas southern and eastern nations experienced mixed trends.
Future trends to monitor include the impact of advancing decarbonization efforts on LPG use, the influence of geopolitical changes in Eastern Europe affecting supply chains, and technological innovations within the iron and steel sectors that may alter fuel consumption patterns.
Top countries in Liquefied Petroleum Gases Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 6,810 | 2023 | +3.17% | -1.42% | View data |
| 2 | 2 Italy | 1,270 | 2023 | +1.66% | +18.22% | View data |
| 3 | 3 Ukraine | 1,060 | 2023 | +27.26% | View data | |
| 4 | 4 Greece | 402.71 | 2023 | +2.95% | +2.99% | View data |
| 5 | 5 Finland | 384.4 | 2023 | +15.96% | -37.63% | View data |
| 6 | 6 France | 345.11 | 2023 | +9.01% | +1.51% | View data |
| 7 | 7 Spain | 232.65 | 2023 | -22.83% | -14.88% | View data |
| 8 | 8 Norway | 145.96 | 2023 | +1.25% | +1.13% | View data |
| 9 | 9 Poland | 56.99 | 2023 | +9.13% | +0.76% | View data |
| 10 | 10 Slovenia | 53.81 | 2023 | +9.8% | -1.45% | View data |