In 2023, Ukraine led the European consumption of solid fossil fuels in the non-ferrous metals sector with 100.05 thousand tonnes of oil equivalent. Bosnia and Herzegovina, and Germany were the second and third highest consumers. Year-on-year, significant fluctuations were observed, notably Ukraine's slight decrease, Germany's moderate rise, and Poland's marked consumption increase. Conversely, the UK saw a notable drop of 17.83%, reflecting a broader regional move towards energy transitions. Serbia's dramatic increase in consumption stands out, alongside Latvia's modest growth.
Future trends to watch include the ongoing energy transition likely reducing consumption in countries like the UK. The EU's decarbonization policies could further drive shifts, potentially altering fossil fuel reliance significantly, with a strong emphasis on green energy alternatives impacting the sector's dynamics. Monitoring Serbia's unexpected surge may offer insights into localized energy policies and industrial demands.
Top countries in Non-Ferrous Metals Sector Final Consumption of Solid Fossil Fuels by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 100.05 | 2023 | +2.04% | -0.33% | View data |
| 2 | 2 Bosnia and Herzegovina | 43.25 | 2023 | +8.52% | +2.77% | View data |
| 3 | 3 Germany | 31.81 | 2023 | +2.97% | +1.83% | View data |
| 4 | 4 Sweden | 30.92 | 2023 | -0.27% | +0.083% | View data |
| 5 | 5 Poland | 29.43 | 2023 | -2.53% | +8.05% | View data |
| 6 | 6 Italy | 27.52 | 2023 | +10.38% | -2.62% | View data |
| 7 | 7 United Kingdom | 6.93 | 2023 | -24.57% | -17.83% | View data |
| 8 | 8 Finland | 5.51 | 2023 | +0.27% | -3.19% | View data |
| 9 | 9 Serbia | 5.31 | 2023 | +17.79% | +276.72% | View data |
| 10 | 10 Austria | 2.56 | 2023 | -1.58% | +5.68% | View data |
