The European Machinery Sector's consumption of brown coal in 2023 showed mixed trends across countries. Serbia held the majority share with 76.74 thousand metric tons, representing a 3.91% increase from the previous year. Conversely, the Czech Republic saw a significant decline of 32.99%, whereas Bosnia and Herzegovina experienced a smaller reduction of 9.34%. Macedonia displayed robust growth at 205.25%, while Slovenia decreased by 45.61%. The consumption in Montenegro grew modestly by 4.1%, with Hungary remaining constant.
Future trends to monitor include the possibility of continued growth in Serbia and Macedonia, driven by increasing industrial demand or policy shifts. Countries showing decline might further reduce their consumption due to stricter environmental regulations and a shift towards sustainable alternatives. Analyzing these trends could provide insights into the sector's transition toward greener energy solutions.
Top countries in Machinery Sector Final Consumption of Brown Coal Share by Country (Thousand Metric Tons)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 76.74 | 2023 | +3.53% | +3.91% | View data |
| 2 | 2 Czech Republic | 7.76 | 2023 | -58.29% | -32.99% | View data |
| 3 | 3 Bosnia and Herzegovina | 5.9 | 2023 | -5.91% | -9.34% | View data |
| 4 | 4 Montenegro | 3.24 | 2023 | 0% | +4.1% | View data |
| 5 | 5 Hungary | 2.94 | 2023 | 0% | 0% | View data |
| 6 | 6 Macedonia | 1.56 | 2023 | -0.19% | +205.25% | View data |
| 7 | 7 Romania | 0.22 | 2021 | +29.31% | View data | |
| 8 | 8 Bulgaria | 0.11 | 2021 | -22% | View data | |
| 9 | 9 Slovenia | 0.003 | 2023 | -50% | -45.61% | View data |
