In 2023, Sweden led the European countries in blended biodiesels final consumption within the chemical and petrochemical sectors, with a significant year-on-year increase of nearly 15%. France and Portugal also showed positive growth at 5.53% and 11.46%, respectively. In contrast, Greece faced a stark decline of over 31%. No change was observed in Cyprus, Latvia, Norway, and Finland. Austria had a minimal increase of 0.79%.
Future trends to watch include:
- Increasing adoption of renewable energy measures in Sweden and France, aiming for even higher growth rates.
- Potential policy interventions in Greece to reverse negative trends.
- Emerging markets in smaller countries may contribute to heightened demand across Europe.
Top countries in Blended Biodiesels Final Consumption in Chemical and Petrochemical Sectors by Country
| # | 9 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 24.31 | 2023 | +13.55% | +14.95% | View data |
| 2 | 2 France | 12.31 | 2023 | +9.67% | +5.53% | View data |
| 3 | 3 Portugal | 6.18 | 2023 | +7.56% | +11.46% | View data |
| 4 | 4 Cyprus | 1.77 | 2023 | +24.44% | View data | |
| 5 | 5 Greece | 0.98 | 2023 | +12.9% | -31.38% | View data |
| 6 | 6 Latvia | 0.71 | 2023 | +3.8% | View data | |
| 7 | 7 Norway | 0.55 | 2023 | +4.34% | View data | |
| 8 | 8 Finland | 0.34 | 2023 | +4.28% | View data | |
| 9 | 9 Austria | 0.078 | 2023 | +2.63% | +0.79% | View data |
