In 2023, Finland led European countries in renewable and biofuel consumption for domestic navigation with 413.32 Terajoules, reflecting a significant 37.92% increase from the previous year. Sweden and Norway also showed strong consumption, with Norway experiencing a 10.98% rise. The Netherlands’ consumption grew by 31.69%, showcasing robust growth. In contrast, Portugal and Spain saw declines of 5.82% and 6.93%, respectively, highlighting a downward trend. Smaller nations like Malta and Greece noted modest gains.
Future trends to watch include policy impacts on renewable energy adoption, potential technological innovations enhancing biofuel efficiency, and collaboration among EU countries to reduce carbon footprints in maritime navigation. The evolving regulatory landscape may drive further investments and shifts in consumption patterns across these nations.
Top countries in Renewables and Biofuels Final Consumption in Domestic Navigation by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 413.32 | 2023 | +20.37% | +37.92% | View data |
| 2 | 2 Sweden | 350.32 | 2023 | +7.57% | View data | |
| 3 | 3 Norway | 315.77 | 2023 | +2.74% | +10.98% | View data |
| 4 | 4 Netherlands | 233.72 | 2023 | +46.61% | +31.69% | View data |
| 5 | 5 France | 208.95 | 2023 | +9.82% | +5.47% | View data |
| 6 | 6 Portugal | 71.1 | 2023 | -0.63% | -5.82% | View data |
| 7 | 7 Spain | 26.56 | 2023 | +2.77% | -6.93% | View data |
| 8 | 8 Greece | 20.19 | 2023 | +5.94% | +9.78% | View data |
| 9 | 9 Cyprus | 5.79 | 2023 | +35.06% | View data | |
| 10 | 10 Malta | 3.25 | 2023 | +4.07% | +5.61% | View data |
