In 2023, Ukraine led the European fossil energy consumption in the iron and steel sector, followed closely by Germany and Italy. The sector experienced varied trends, with notable decreases in the UK and Bulgaria. Austria was an exception with slight growth, while Norway and several smaller economies saw increases.
Future trends to watch include the adoption of cleaner technologies, as the industry faces pressure to reduce emissions. Countries investing in renewable energy and innovative production processes may decrease reliance on fossil fuels, potentially leading to more pronounced shifts in consumption patterns by 2025. Economic and regulatory developments will also play a key role.
Top countries in Fossil Energy Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 6,280 | 2023 | -4.6% | -3.5% | View data |
| 2 | 2 Germany | 5,530 | 2023 | -1.73% | -3.44% | View data |
| 3 | 3 Italy | 2,750 | 2023 | +0.29% | -1.42% | View data |
| 4 | 4 Poland | 1,380 | 2023 | -3.72% | -5.68% | View data |
| 5 | 5 Spain | 1,230 | 2023 | +1.52% | -2.33% | View data |
| 6 | 6 Romania | 1,010 | 2023 | -0.048% | -0.78% | View data |
| 7 | 7 Slovakia | 810.21 | 2023 | +2.53% | -1.91% | View data |
| 8 | 8 Czech Republic | 748.37 | 2023 | -6.38% | -4.84% | View data |
| 9 | 9 Austria | 725.08 | 2023 | +0.46% | +1.39% | View data |
| 10 | 10 France | 708.32 | 2023 | -1.66% | -4.52% | View data |
