The 2023 data highlights that Norway leads in the European primary solid biofuels consumption in the chemical and petrochemical sectors, with 29.09 terajoules, followed by France and Austria. Notably, Norway and the UK showed significant year-on-year growth of 39.63% and 34.36%, respectively, while Slovakia experienced a drop of 15.24%. Significant long-term growth is seen in nations such as Macedonia, Serbia, and Denmark, indicating rapidly increasing adoption rates for biofuels in their industries.
Future trends to watch include the potential market expansion in Eastern Europe, driven by increasing environmental regulations and technological advancements, and a likely focus on sustainability accelerating biofuel adoption across the continent.
Top countries in Primary Solid Biofuels Final Consumption in Chemical and Petrochemical Sectors Share by Country (Terajoules)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Norway | 29.09 | 2023 | +13.61% | +39.63% | View data |
2 | 2 France | 20.18 | 2023 | +3.61% | +10.85% | View data |
3 | 3 Austria | 8.02 | 2023 | +3.3% | -0.2% | View data |
4 | 4 Sweden | 7.16 | 2023 | +3.24% | +24.92% | View data |
5 | 5 Germany | 6.57 | 2023 | +2.57% | +0.45% | View data |
6 | 6 United Kingdom | 5.15 | 2023 | +7.01% | +34.36% | View data |
7 | 7 Slovenia | 3.64 | 2023 | +2.62% | +2.72% | View data |
8 | 8 Serbia | 3.59 | 2023 | +22.68% | +29.18% | View data |
9 | 9 Denmark | 3.22 | 2023 | +13.37% | +19.88% | View data |
10 | 10 Bulgaria | 2.42 | 2023 | +5.55% | +15.17% | View data |