In 2023, Sweden led the consumption of blended biodiesels in the European machinery sector, though it faced a 5.74% decline from the previous year. France and Austria exhibited growth with increases of 2.79% and 1.21%, respectively. Greece saw a reduction of 4.39%, while Portugal experienced an impressive 18.55% rise, indicating a boost in demand. Finland, Cyprus, and Norway maintained static consumption levels.
Future trends to monitor include:
- Potential policy shifts aiming for carbon neutrality that could influence biodiesel adoption.
- Technological advancements improving biodiesel efficiency in machinery.
- Economic factors such as biodiesel pricing and machinery sector growth which may impact consumption levels across these countries.
Top countries in Blended Biodiesels Final Consumption in Machinery Sector by Country
| # | 8 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 1.02 | 2023 | +2.62% | -5.74% | View data |
| 2 | 2 France | 0.78 | 2023 | +2.64% | +2.79% | View data |
| 3 | 3 Greece | 0.57 | 2023 | +13.15% | -4.39% | View data |
| 4 | 4 Austria | 0.4 | 2023 | +5.33% | +1.21% | View data |
| 5 | 5 Portugal | 0.29 | 2023 | +14.79% | +18.55% | View data |
| 6 | 6 Finland | 0.04 | 2023 | 0% | View data | |
| 7 | 7 Cyprus | 0.018 | 2023 | +28.57% | View data | |
| 8 | 8 Norway | 0.01 | 2023 | 0% | View data |
