The European non-ferrous metals sector's consumption of solid fossil fuels varied across countries in 2023. Ukraine led with 36.25 thousand tonnes of oil equivalent, although it experienced a slight decline of 0.33%. Bosnia and Herzegovina and Germany saw modest increases, while Serbia had a staggering rise of 276.72%. Poland was another notable country with an 8.05% increase. Conversely, the United Kingdom faced a significant drop of 17.83%. Over the past five years, the sector has generally seen diverse country-specific trends, with Serbia and Latvia showing significant growth, while the UK and Slovakia faced declines.
Future trends to watch include the continued impact of environmental policies that may reduce reliance on fossil fuels, technological advancements in the non-ferrous metals industry, and potential geopolitical factors affecting supply and consumption. Transitioning towards renewable energy sources and improving energy efficiency will likely reshape the landscape of energy consumption in this sector across Europe.
Top countries in Non-Ferrous Metals Sector Final Consumption of Solid Fossil Fuels Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 36.25 | 2023 | +2.04% | -0.33% | View data |
| 2 | 2 Bosnia and Herzegovina | 15.67 | 2023 | +8.52% | +2.77% | View data |
| 3 | 3 Germany | 11.52 | 2023 | +2.97% | +1.83% | View data |
| 4 | 4 Sweden | 11.2 | 2023 | -0.27% | +0.083% | View data |
| 5 | 5 Poland | 10.66 | 2023 | -2.53% | +8.05% | View data |
| 6 | 6 Italy | 9.97 | 2023 | +10.38% | -2.62% | View data |
| 7 | 7 United Kingdom | 2.51 | 2023 | -24.57% | -17.83% | View data |
| 8 | 8 Finland | 1.99 | 2023 | +0.27% | -3.19% | View data |
| 9 | 9 Serbia | 1.92 | 2023 | +17.79% | +276.72% | View data |
| 10 | 10 Austria | 0.93 | 2023 | -1.58% | +5.68% | View data |
