In 2023, Germany led European bioenergy consumption in the iron and steel sectors, with a consumption value significantly higher than its counterparts. Ukraine and Finland followed, both exhibiting growth in their consumption values. Notable year-on-year increases include Norway, Netherlands, and Estonia, with Estonia showing a remarkable surge of over 50%. On the other hand, countries like Belgium and Iceland experienced declines, with Iceland's use sharply reducing by over 60%. The five-year compounded annual growth rate (CAGR) paints a broader picture, showing modest growth for most countries.
Looking ahead, countries with large year-on-year variations may experience further shifts due to policy incentives, technological advancements, and international energy market developments. Monitoring the regulatory landscape, particularly efforts towards sustainability and emission reductions, will be essential. Emerging technologies in bioenergy and shifts in global supply chains may also impact future consumption patterns.
Top countries in Bioenergy Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,290 | 2023 | +2.18% | +1.17% | View data |
| 2 | 2 Ukraine | 1,570 | 2023 | +2.93% | +4.66% | View data |
| 3 | 3 Finland | 1,550 | 2023 | +3.63% | +4.71% | View data |
| 4 | 4 Italy | 1,330 | 2023 | -3.91% | -1.54% | View data |
| 5 | 5 Sweden | 693.07 | 2023 | +9.9% | +13.97% | View data |
| 6 | 6 Luxembourg | 519.15 | 2023 | +12.43% | +16.56% | View data |
| 7 | 7 France | 446.14 | 2023 | +2.38% | +11.22% | View data |
| 8 | 8 United Kingdom | 352.04 | 2023 | +3.26% | +3.88% | View data |
| 9 | 9 Poland | 351.13 | 2023 | +0.44% | +2.06% | View data |
| 10 | 10 Spain | 326.48 | 2023 | +2.56% | -0.15% | View data |
