The United Kingdom leads in European renewables and biofuels imports with 17.35 thousand tonnes of oil equivalent in 2023, marking an 8.06% increase from 2022. Notably, the Netherlands saw the most significant rise at 36.85%. Denmark also experienced strong growth with a 10.61% increase. Conversely, Austria's imports slightly declined. Smaller countries like Latvia and Croatia displayed substantial year-on-year growth at over 20%. Over the past five years, CAGR trends indicate significant national variances, highlighting the rapid expansion pace in specific regions.
Future trends to watch include the potential acceleration of biofuel imports driven by tightening regulations on carbon emissions and increasing environmental awareness. The prospect of technological advancements and infrastructure improvements will also play significant roles in shaping import dynamics, potentially affecting the leading and emerging markets differently.
Top countries in Renewables and Biofuels Imports Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 17.35 | 2023 | +4.61% | +8.06% | View data |
| 2 | 2 Germany | 9.76 | 2023 | +3.1% | +3.57% | View data |
| 3 | 3 Italy | 9.45 | 2023 | +2.19% | +0.58% | View data |
| 4 | 4 Denmark | 9.26 | 2023 | +6.78% | +10.61% | View data |
| 5 | 5 Netherlands | 7.86 | 2023 | +16.63% | +36.85% | View data |
| 6 | 6 France | 7.44 | 2023 | +15.71% | +7.18% | View data |
| 7 | 7 Sweden | 6.27 | 2023 | +3.77% | +0.9% | View data |
| 8 | 8 Spain | 5.53 | 2023 | +7.57% | +1.1% | View data |
| 9 | 9 Belgium | 4.34 | 2023 | +3.58% | +3.65% | View data |
| 10 | 10 Poland | 3.62 | 2023 | +3.79% | +5.04% | View data |
