The data reveals that in 2023, Norway led the European countries in renewables and biofuels final consumption in the chemical and petrochemical sectors, with significant growth observed in Ukraine, Macedonia, and Serbia. France and the UK showed notable rises as well. However, several countries like Finland, Greece, and Slovakia experienced substantial declines. The mixed trends highlight varying national commitments and infrastructure readiness for renewable energy transitions.
Looking ahead, future trends are likely to be influenced by technological advancements, regulatory policies, and economic incentives aimed at increasing renewable energy adoption. Countries exhibiting growth may continue investing in sustainable solutions to maintain upward trends, while those facing declines might initiate policy shifts to rejuvenate renewable energy uptake.
Top countries in Renewables and Biofuels Final Consumption in Chemical and Petrochemical Sectors by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 177.25 | 2023 | +9.65% | +29.67% | View data |
| 2 | 2 France | 117.33 | 2023 | +2.87% | +10.22% | View data |
| 3 | 3 Germany | 83.99 | 2023 | +2.55% | +3.91% | View data |
| 4 | 4 United Kingdom | 67.38 | 2023 | +6.35% | +12.28% | View data |
| 5 | 5 Austria | 50.51 | 2023 | +5.04% | -0.59% | View data |
| 6 | 6 Sweden | 39.81 | 2023 | -0.035% | +24.5% | View data |
| 7 | 7 Slovenia | 20.16 | 2023 | +2.86% | +2.81% | View data |
| 8 | 8 Serbia | 20.05 | 2023 | +22.99% | +29.48% | View data |
| 9 | 9 Denmark | 17.83 | 2023 | +13.37% | +19.89% | View data |
| 10 | 10 Lithuania | 15.02 | 2023 | +2.75% | +2.42% | View data |
