The 2024 data on European lignite consumption in the machinery sector shows the Czech Republic leading with significant consumption at 47.89 terajoules, followed by Serbia with 32.94 terajoules. Other countries such as Bosnia and Herzegovina, Hungary, and Montenegro present moderate consumption levels, while Romania and Bulgaria remain at lower levels. Year-on-year variations in 2023 saw Macedonia spike by 175.39%, Montenegro rise by 5.55%, and Serbia by 3.37%. Conversely, Bosnia and Herzegovina, Hungary, and Bulgaria experienced declines of 10.63%, 14.45%, and 14.39%, respectively. The Compound Annual Growth Rate indicates fluctuations in the sector over the past five years.
Future trends to monitor include:
- Potential shifts towards renewable energy affecting lignite demand.
- Technological advancements in machinery reducing lignite consumption.
- Regulatory measures impacting fossil fuel usage across European countries.
- Eastern European countries adapting to global energy transitions influencing lignite prominence.
Top countries in Lignite Final Consumption in Machinery Sector Share by Country (Terajoules)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 47.89 | 2021 | +10.83% | -8.74% | View data |
| 2 | 2 Serbia | 32.94 | 2023 | +5.47% | +3.37% | View data |
| 3 | 3 Bosnia and Herzegovina | 8.78 | 2023 | -7.71% | -10.63% | View data |
| 4 | 4 Hungary | 5.13 | 2023 | -0.56% | -14.45% | View data |
| 5 | 5 Montenegro | 3.38 | 2023 | +5.6% | +5.55% | View data |
| 6 | 6 Macedonia | 1.5 | 2023 | -4.98% | +175.39% | View data |
| 7 | 7 Romania | 0.29 | 2021 | +45.9% | View data | |
| 8 | 8 Bulgaria | 0.096 | 2023 | -27.77% | -14.39% | View data |
