In 2023, Germany led European bioenergy consumption in the iron and steel sectors, with 196.61 thousand TOE, showing slight growth of 1.17% over the past year. Finland and Ukraine followed with significant consumptions and growth rates of 4.37% and 3.56%, respectively. Sweden and Norway experienced notable increases of 13.97% and 17.89%, aided by a focus on sustainable energy. Conversely, Italy and Belgium showed reductions in consumption at -1.26% and -11.3%, respectively. Despite minor fluctuations, the overall European sector has seen a moderate upward trend in bioenergy adoption.
Future trends to watch include:
- Continued emphasis on sustainable energy solutions driving bioenergy demand.
- Policy changes in major steel-producing countries influencing bioenergy adoption.
- Technological advancements potentially enhancing bioenergy efficiency.
- Increased interest across Eastern European regions as economies mature and invest in greener solutions.
Top countries in Bioenergy Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 196.61 | 2023 | +2.18% | +1.17% | View data |
| 2 | 2 Finland | 131.19 | 2023 | +2.48% | +4.37% | View data |
| 3 | 3 Ukraine | 128.32 | 2023 | +0.98% | +3.56% | View data |
| 4 | 4 Italy | 116.18 | 2023 | -3.02% | -1.26% | View data |
| 5 | 5 Sweden | 59.6 | 2023 | +9.91% | +13.97% | View data |
| 6 | 6 Luxembourg | 44.64 | 2023 | +12.43% | +16.56% | View data |
| 7 | 7 France | 38.2 | 2023 | +2.11% | +11.13% | View data |
| 8 | 8 United Kingdom | 30.27 | 2023 | +3.26% | +3.88% | View data |
| 9 | 9 Poland | 30.19 | 2023 | +0.45% | +2.06% | View data |
| 10 | 10 Spain | 28.07 | 2023 | +2.56% | -0.15% | View data |
