In 2023, Ukraine led European heat consumption in the non-ferrous metal sector with 66.16 terajoules, showing a moderate increase of 1.42% year-on-year. Notable growth was also observed in countries like the Netherlands with an exceptional 443.64% increase, and France at 48.85%. On the other hand, Poland experienced a decline of 5.51%. Over the past five years, the Compound Annual Growth Rate (CAGR) indicates fluctuating trends, with vibrant growth in some nations contrasting with declines in others.
Looking ahead, the sector is likely to be influenced by technological advancements boosting energy efficiency. Additionally, geopolitical factors and environmental policies will play a crucial role in shaping consumption patterns. Keeping an eye on these aspects is vital for understanding future consumption dynamics in the European non-ferrous metal sector.
Top countries in Heat Final Consumption in Non-Ferrous Metal Sector Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 66.16 | 2023 | +0.0081% | +1.42% | View data |
| 2 | 2 Finland | 10.93 | 2023 | +2.57% | +0.67% | View data |
| 3 | 3 Germany | 6.35 | 2023 | +6.6% | +2.26% | View data |
| 4 | 4 France | 5.58 | 2023 | +2.43% | +48.85% | View data |
| 5 | 5 Bulgaria | 5.1 | 2023 | +0.049% | +0.33% | View data |
| 6 | 6 Poland | 3.8 | 2023 | -7.85% | -5.51% | View data |
| 7 | 7 Serbia | 1.66 | 2023 | +2.57% | +12.5% | View data |
| 8 | 8 Netherlands | 1.22 | 2023 | +2.79% | +443.64% | View data |
| 9 | 9 Slovakia | 0.62 | 2023 | +7.48% | View data | |
| 10 | 10 Austria | 0.53 | 2023 | +8.26% | +2.81% | View data |
