The European machinery sector's final consumption of solid fossil fuels in 2023 shows Poland as the highest consumer, with significant contrasts across countries. Noteworthy variations occurred: Serbia and Montenegro saw consumption increases, while Germany and Czech Republic marked the largest declines. Latvia and Macedonia displayed notable consumption growth. Germany's reduction of 16.04% reflects a notable shift away from fossil fuels, aligning with broader EU decarbonization goals. Poland's slight decrease highlights stabilizing consumption levels in major-consuming countries.
Future trends to watch include:
- Continued decarbonization efforts likely reducing consumption in major economies like Germany and France.
- Emerging economies may adjust consumption patterns as they balance industrial growth with environmental commitments.
- Technological advancements could lead to a decline in solid fossil fuel reliance across the sector.
Top countries in Machinery Sector Final Consumption of Solid Fossil Fuels by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 1,120 | 2023 | -2.05% | -1.41% | View data |
| 2 | 2 France | 897.01 | 2023 | -7.23% | -2.63% | View data |
| 3 | 3 Serbia | 525.07 | 2023 | +2.57% | +4.94% | View data |
| 4 | 4 United Kingdom | 312.79 | 2023 | -4.13% | -4.19% | View data |
| 5 | 5 Germany | 220.07 | 2023 | -48.08% | -16.04% | View data |
| 6 | 6 Czech Republic | 68.97 | 2023 | -53.32% | -30.33% | View data |
| 7 | 7 Bosnia and Herzegovina | 43.76 | 2023 | +0.82% | -2.11% | View data |
| 8 | 8 Montenegro | 11.19 | 2023 | +5.6% | +5.55% | View data |
| 9 | 9 Hungary | 9.23 | 2023 | -23.09% | -27.32% | View data |
| 10 | 10 Bulgaria | 6.56 | 2021 | -6.21% | View data |
