In the European iron and steel sectors, Germany is the largest consumer of natural gas, followed by Ukraine and Italy. Year-on-year changes show significant consumption increases in Finland and Bosnia and Herzegovina, while Romania and Croatia experienced declines. Belgium, Austria, and Hungary also saw decreases, contrasting with minor consumption resilience in Slovakia and Slovenia. The United Kingdom noted a substantial drop, aligning with France's declining trend.
Looking ahead, watch for shifts due to environmental regulations, the integration of renewable energy, and geopolitical influences on natural gas supply. Countries like Italy and Germany may pursue efficiency improvements, while Eastern European nations might adjust to evolving energy dynamics.
Top countries in Natural Gas 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 | 2,040 | 2023 | -0.45% | -1.68% | View data |
| 2 | 2 Ukraine | 1,590 | 2023 | +2.86% | +2.38% | View data |
| 3 | 3 Italy | 1,090 | 2023 | -1.44% | -3.24% | View data |
| 4 | 4 Spain | 635.87 | 2023 | +0.55% | +0.08% | View data |
| 5 | 5 Poland | 614.34 | 2023 | +4.84% | +0.55% | View data |
| 6 | 6 France | 549.89 | 2023 | +3.62% | -4.62% | View data |
| 7 | 7 Belgium | 465.4 | 2023 | -1.62% | -2.01% | View data |
| 8 | 8 Austria | 376.07 | 2023 | +0.76% | -2.34% | View data |
| 9 | 9 Netherlands | 256.63 | 2023 | -0.18% | +1.83% | View data |
| 10 | 10 United Kingdom | 213.27 | 2023 | -9.14% | -7.22% | View data |
