In 2023, Sweden led European primary solid biofuels gross heat production with 108.11 thousand terajoules, followed by Finland and Denmark. Significant year-on-year growth was recorded in Belgium at 44.5% and Serbia at 36.98%, indicating substantial capacity increases or demand surges. Conversely, Italy and Hungary showed negative trends with the former declining by 16.45%. Five-year CAGR underscored the sector's expansion, bolstered by investments in renewable energy.
Future trends to monitor include the impact of policy shifts in renewable energy incentives, technological advancements boosting production efficiency, and potential market shifts due to climate policy agreements enhancing biofuel adoption across Europe.
Top countries in Primary Solid Biofuels Gross Heat Production by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 108,110 | 2023 | +4.21% | +0.78% | View data |
| 2 | 2 Finland | 85,140 | 2023 | +2.04% | +4.98% | View data |
| 3 | 3 Denmark | 78,430 | 2023 | +5.36% | +6.56% | View data |
| 4 | 4 France | 57,070 | 2023 | +3.9% | +3.86% | View data |
| 5 | 5 Austria | 48,110 | 2023 | +6.15% | +5.15% | View data |
| 6 | 6 Ukraine | 32,680 | 2023 | +0.53% | +1.02% | View data |
| 7 | 7 Germany | 29,330 | 2023 | +2.79% | +4.12% | View data |
| 8 | 8 Lithuania | 25,440 | 2023 | +4.76% | +2.7% | View data |
| 9 | 9 Poland | 22,860 | 2023 | +4.38% | +11.27% | View data |
| 10 | 10 Netherlands | 21,530 | 2023 | +14.09% | +26.15% | View data |
