In 2023, Serbia led European lignite consumption in machinery with 8.37 kilotonnes of oil equivalent, showing a 3.42% increase year-on-year. The Czech Republic faced a major decline, dropping by 27.85%. Bosnia and Herzegovina saw a decrease of 10.63%, whereas Montenegro's consumption grew by 5.53%. Hungary and Bulgaria recorded notable reductions of 14.21% and 14.37%, respectively. Macedonia maintained steady consumption, while Romania had minimal usage at 0.021. The five-year CAGR suggests an overall downward trend in lignite use within this sector.
Future trends to watch for:
- Transition towards renewable energy sources lowering lignite reliance.
- Potential policy influences promoting sustainable practices in machinery consumption.
- Technological advancements potentially altering fuel efficiency and energy choices.
Top countries in Lignite Final Consumption in Machinery Sector by Country
| # | 8 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 8.37 | 2023 | +5.71% | +3.42% | View data |
| 2 | 2 Czech Republic | 1.21 | 2023 | -31.82% | -27.85% | View data |
| 3 | 3 Bosnia and Herzegovina | 0.47 | 2023 | -7.83% | -10.63% | View data |
| 4 | 4 Montenegro | 0.27 | 2023 | +5.53% | +5.53% | View data |
| 5 | 5 Hungary | 0.18 | 2023 | -0.56% | -14.21% | View data |
| 6 | 6 Macedonia | 0.076 | 2023 | -5% | View data | |
| 7 | 7 Bulgaria | 0.035 | 2023 | -28.57% | -14.37% | View data |
| 8 | 8 Romania | 0.021 | 2021 | +50% | View data |
