The European Heat Final Consumption in the Wood and Wood Products sector shows diverse growth across countries in 2023. Finland and Sweden lead, with Finland experiencing a modest increase while Sweden remains stable. Ukraine and Poland demonstrate significant positive growth. Conversely, Austria and Germany see declines, notably affected by economic or policy changes. Croatia exhibits the highest growth rate, possibly driven by industry advancements or increased demand.
Future trends to consider include:
- Impact of renewable energy policies on wood consumption.
- Technological advancements in wood processing affecting energy efficiency.
- Potential market shifts from Eastern European countries like Ukraine, which may drive higher consumption rates.
- Environmental regulations potentially curtailing use in larger economies such as Germany.
Top countries in Heat Final Consumption in Wood and Wood Products Sector Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 21.94 | 2023 | +2.42% | +0.47% | View data |
| 2 | 2 Sweden | 21.73 | 2023 | +18.16% | View data | |
| 3 | 3 Ukraine | 11.17 | 2023 | +2.87% | +0.97% | View data |
| 4 | 4 Poland | 8.89 | 2023 | +2.4% | +1.68% | View data |
| 5 | 5 Austria | 7.07 | 2023 | -0.058% | -2.71% | View data |
| 6 | 6 Croatia | 6.53 | 2023 | +6.05% | +12.79% | View data |
| 7 | 7 Latvia | 6.22 | 2023 | -5.31% | -5.45% | View data |
| 8 | 8 Germany | 6.03 | 2023 | +1.84% | -2.32% | View data |
| 9 | 9 Italy | 3.47 | 2023 | +2.67% | -0.48% | View data |
| 10 | 10 Czech Republic | 1.87 | 2023 | +1.3% | +6.31% | View data |
