The European Transport Equipment Sector's final consumption of solid fossil fuels displays notable disparities among countries. Germany leads significantly, followed by the United Kingdom and France. Year-on-year change for 2023 shows Germany experiencing the highest increase in consumption at 11.24%, while the UK saw a decline of 4.6%. Other countries like France and Ukraine had negligible changes. Conversely, Bulgaria experienced a significant reduction of 26.21%. Over the past five years, Bulgaria, Poland, and Sweden have shown a consistent downward trend in fossil fuel consumption, indicating a broader shift towards energy transition.
Future trends to watch in the sector include increased adaptation of renewable energy sources and a gradual decline in solid fossil fuel consumption, driven by environmental policies and technological advancements. Countries such as Germany may continue to adjust their energy mix, leading to potential shifts in market dynamics.
Top countries in Transport Equipment Sector Final Consumption of Solid Fossil Fuels by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,500 | 2023 | +12.61% | +11.24% | View data |
| 2 | 2 United Kingdom | 277.72 | 2023 | -4.88% | -4.6% | View data |
| 3 | 3 France | 74.19 | 2023 | +28.51% | +0.079% | View data |
| 4 | 4 Poland | 64.15 | 2023 | -39.18% | -7.88% | View data |
| 5 | 5 Sweden | 62.37 | 2023 | +17.62% | -7.8% | View data |
| 6 | 6 Czech Republic | 36.83 | 2021 | -4.69% | -12.07% | View data |
| 7 | 7 Ukraine | 20.93 | 2023 | +8.73% | View data | |
| 8 | 8 Slovakia | 11.65 | 2023 | -20.92% | -6% | View data |
| 9 | 9 Bosnia and Herzegovina | 1.62 | 2023 | +34.44% | +7.04% | View data |
| 10 | 10 Serbia | 0.37 | 2023 | +11.31% | -4.67% | View data |