The European renewables and biofuels consumption in the wood and wood products sector showed varied growth across countries in 2023. Germany leads with the highest consumption at 1.32 million tonnes of oil equivalent, with a modest growth year-on-year of 1.87%. Poland exhibits notable growth at 6.88%, indicating a robust focus on renewables. Latvia and Lithuania also report significant growth rates at 4.57% and 7.67% respectively, signaling expanding use of biofuels. Conversely, countries like Sweden and France saw declines, signaling possible shifts or challenges in renewable policy or market dynamics.
Future trends to watch for include:
- Continued growth in Eastern European countries like Poland and Hungary, where policy support and market expansion align.
- Increasing utilization and technological innovation in countries with current declines, like Sweden and France, in response to global and EU targets.
- Potential development in underutilized markets such as Ukraine, which showed the highest growth, suggesting untapped potential.
Top countries in Renewables and Biofuels Final Consumption in Wood and Wood Products Sector by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,320 | 2023 | +1.26% | +1.87% | View data |
| 2 | 2 Poland | 892.08 | 2023 | +4.69% | +6.88% | View data |
| 3 | 3 Spain | 432.47 | 2023 | +1.49% | +0.68% | View data |
| 4 | 4 Latvia | 388.71 | 2023 | +2.72% | +4.57% | View data |
| 5 | 5 Sweden | 346.35 | 2023 | -1.21% | -3.1% | View data |
| 6 | 6 Austria | 307.68 | 2023 | +1.53% | +1.26% | View data |
| 7 | 7 France | 299.9 | 2023 | -3.68% | -4.46% | View data |
| 8 | 8 Finland | 235.31 | 2023 | -0.017% | +1.95% | View data |
| 9 | 9 Belgium | 192.02 | 2023 | +2.68% | +1.58% | View data |
| 10 | 10 Italy | 170.39 | 2023 | +5.14% | +0.45% | View data |
