The 2023 data indicates that Finland leads in European renewables and biofuels final consumption in domestic navigation at 25.06 thousand tonnes of oil equivalent, showing a remarkable 37.91% increase. Sweden and Norway follow, with Norway experiencing a notable 10.97% rise. The Netherlands and France also show significant growth, at 31.68% and 5.48%, respectively. Conversely, Portugal and Spain saw declines in consumption. Smaller countries like Malta showed modest positive changes, while larger markets like Cyprus and Iceland remained stable.
Future trends to watch include:
- Continued investment in renewable infrastructure by Nordic countries, driving future increases.
- Moderate expansion expected in countries like France and the Netherlands, as they implement supportive policies.
- Potential recovery in Southern European countries, pending economic and policy adjustments.
- Increasing focus on green maritime technologies could bolster biofuels adoption overall.
Top countries in Renewables and Biofuels Final Consumption in Domestic Navigation Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 25.06 | 2023 | +20.35% | +37.91% | View data |
| 2 | 2 Sweden | 21.21 | 2023 | +7.56% | View data | |
| 3 | 3 Norway | 19.14 | 2023 | +2.71% | +10.97% | View data |
| 4 | 4 Netherlands | 14.17 | 2023 | +46.62% | +31.68% | View data |
| 5 | 5 France | 12.67 | 2023 | +9.83% | +5.48% | View data |
| 6 | 6 Portugal | 4.31 | 2023 | -0.59% | -5.81% | View data |
| 7 | 7 Spain | 1.61 | 2023 | +2.76% | -6.93% | View data |
| 8 | 8 Greece | 1.22 | 2023 | +5.93% | +9.8% | View data |
| 9 | 9 Cyprus | 0.35 | 2023 | +34.31% | View data | |
| 10 | 10 Malta | 0.2 | 2023 | +4.05% | +5.47% | View data |
