In 2023, Germany led the European chemical and petrochemical sector's electricity consumption, followed by France and Belgium. Notable trends include a decline in the United Kingdom and Sweden's consumption, while Ukraine and Bosnia showed substantial growth. Over the last five years, there's been persistent variability across countries, with distinct reductions in Greece and growth resurgences in emerging economies.
Future trends to watch include the adoption of more energy-efficient technologies across the continent, policy-driven shifts towards sustainable energy consumption, and potential fluctuations driven by geopolitical and economic factors. The innovation towards green energy within this sector is expected to shape these consumption trends significantly in the coming years.
Top countries in Chemical and Petrochemical Sector Final Consumption of Electricity by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,580 | 2023 | +0.1% | -0.1% | View data |
| 2 | 2 France | 1,600 | 2023 | -1.18% | -0.66% | View data |
| 3 | 3 Belgium | 1,270 | 2023 | +0.19% | +0.19% | View data |
| 4 | 4 United Kingdom | 1,200 | 2023 | -1.59% | -1.71% | View data |
| 5 | 5 Italy | 1,200 | 2023 | +0.29% | -0.29% | View data |
| 6 | 6 Netherlands | 1,130 | 2023 | +0.11% | -0.49% | View data |
| 7 | 7 Spain | 849.19 | 2023 | +0.0029% | +1.56% | View data |
| 8 | 8 Poland | 726.06 | 2023 | -0.0067% | -0.97% | View data |
| 9 | 9 Norway | 675.41 | 2023 | +0.17% | +0.52% | View data |
| 10 | 10 Austria | 446.98 | 2023 | +1.55% | +1.81% | View data |
