The European Gross Heat Production from Blast Furnace Gas in 2023 showed the highest production in Ukraine followed by Poland and Sweden with respective year-on-year decreases of 1.85%, 1.78%, and 1.95%. Italy and Austria showcased significant growth at 19.6% and 19.43% respectively. Romania also exhibited a notable increase of 15.28%. Conversely, the Netherlands and Slovakia experienced sharp declines of 36.44% and 6.55% respectively. Over the past five years, the compound annual growth rate for countries varied, reflecting mixed growth trajectories and stagnations.
Future trends to watch include:
- The potential increase of blast furnace gas utilization in countries prioritizing green energy transition.
- Technological advancements that may enhance the efficiency of gas capture and usage in blast furnace processes.
- Economic factors and environmental regulations affecting the production levels and strategic investments in the steelmaking sector across Europe.
Top countries in Gross Heat Production from Blast Furnace Gas Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 40.56 | 2023 | +2.27% | -1.85% | View data |
| 2 | 2 Poland | 18.02 | 2023 | -0.95% | -1.78% | View data |
| 3 | 3 Sweden | 9.77 | 2023 | +0.77% | -1.95% | View data |
| 4 | 4 Italy | 7.85 | 2023 | +13.01% | +19.6% | View data |
| 5 | 5 Serbia | 6.43 | 2023 | +9.4% | +0.025% | View data |
| 6 | 6 Czech Republic | 6.09 | 2023 | -1.4% | -2.59% | View data |
| 7 | 7 Hungary | 5 | 2023 | +0.16% | -2.42% | View data |
| 8 | 8 Austria | 2.04 | 2023 | +5.8% | +19.43% | View data |
| 9 | 9 Finland | 1.79 | 2023 | +0.69% | +1.83% | View data |
| 10 | 10 Romania | 0.71 | 2023 | +2.71% | +15.28% | View data |
