The 2023 data reveals Germany's dominance in European blast furnace gas consumption at 14.49 thousand gigawatt hours, although it faced a 6.02% decrease from the previous year. Ukraine, at 7.82 thousand gigawatt hours, also experienced a significant drop of 9.21%. While most countries, including Poland, Slovakia, and Romania, witnessed declines, Bosnia and Herzegovina, Norway, and Austria achieved positive growth. Spain's consumption plummeted by 10.73%, marking the steepest decline. Notably, netherlands and Belgium had relatively stable values, showing minor positive change.
Future trends to watch in the European blast furnace gas market include the ongoing shift towards sustainable practices in the steel industry, which may drive changes in gas consumption patterns. Additionally, geopolitical factors, especially affecting Ukraine, could further influence consumption data. Monitoring technological advancements and regulatory measures promoting green energy are essential for predicting sector movements.
Top countries in Blast Furnace Gas Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14,490 | 2023 | +0.54% | -6.02% | View data |
| 2 | 2 Ukraine | 7,820 | 2023 | -15.95% | -9.21% | View data |
| 3 | 3 Poland | 2,410 | 2023 | -1.89% | -3.14% | View data |
| 4 | 4 Slovakia | 1,920 | 2023 | +0.34% | -2.32% | View data |
| 5 | 5 Bosnia and Herzegovina | 1,390 | 2023 | +21.18% | +1.68% | View data |
| 6 | 6 Czech Republic | 1,260 | 2023 | -5.8% | -3.61% | View data |
| 7 | 7 Romania | 1,210 | 2023 | -18.08% | -6.79% | View data |
| 8 | 8 Sweden | 955.3 | 2023 | +1% | -1.41% | View data |
| 9 | 9 Netherlands | 829.21 | 2023 | +0.47% | +0.37% | View data |
| 10 | 10 Norway | 646.04 | 2023 | +2.06% | +4.92% | View data |
