In 2023, Iceland has dominated the European fishing sector's heat consumption, with 53.78 thousand tonnes of oil equivalent, indicating a 5.72% increase from the prior year. Ukraine followed, albeit with a meager 0.1, showing a robust 7% growth. The Czech Republic, Italy, and Bulgaria recorded negligible consumption at 0.016, 0.014, and 0.001 respectively, representing zero change from the previous year. Over the past five years, a calculus of average growth presents Iceland and Ukraine as primary contributors with noticeable positive trajectories, unlike their stagnant European counterparts.
Future trends to watch include:
- Technological advancements in renewable energy integration within Iceland's fishing sector.
- Potential regulatory changes impacting energy usage in Ukraine's fisheries.
- Explore opportunities for energy diversification across Europe for reducing oil dependency.
Top countries in Fishing Sector Final Consumption of Heat by Country
| # | 5 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 53.78 | 2023 | +12.56% | +5.72% | View data |
| 2 | 2 Ukraine | 0.1 | 2023 | +18.82% | +7% | View data |
| 3 | 3 Czech Republic | 0.016 | 2023 | 0% | View data | |
| 4 | 4 Italy | 0.014 | 2023 | 0% | View data | |
| 5 | 5 Bulgaria | 0.001 | 2023 | 0% | View data |
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