In 2023, Sweden, Finland, and Germany led in renewable and biofuel consumption in industry, with Sweden reaching 4.74 million tonnes of oil equivalent. The UK and Czech Republic saw notable year-on-year growths of 4.29% and 4.3% respectively. Conversely, France experienced a mild decline of 0.53%. Hungary, Norway, and Cyprus reported significant increases at 11.04%, 7.3%, and 11.24% respectively, while Iceland saw a steep decline of 19.11%.
Future trends to watch include stronger policy support driving expansion in Eastern Europe and investments in advanced biofuels and renewable technologies in Western European countries to reduce industrial carbon footprints further.
Top countries in Renewables and Biofuels Final Consumption in Industry by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 4,740 | 2023 | +0.57% | +2.19% | View data |
| 2 | 2 Finland | 4,220 | 2023 | +1.39% | +0.39% | View data |
| 3 | 3 Germany | 3,040 | 2023 | +1.87% | +1.99% | View data |
| 4 | 4 Spain | 2,020 | 2023 | +0.62% | +0.75% | View data |
| 5 | 5 Poland | 1,790 | 2023 | +2.42% | +0.83% | View data |
| 6 | 6 United Kingdom | 1,450 | 2023 | +4.28% | +4.29% | View data |
| 7 | 7 France | 1,440 | 2023 | -0.045% | -0.53% | View data |
| 8 | 8 Austria | 1,260 | 2023 | +1.18% | +1.18% | View data |
| 9 | 9 Portugal | 994.07 | 2023 | -0.56% | -0.39% | View data |
| 10 | 10 Belgium | 690.07 | 2023 | -0.21% | -0.92% | View data |
