In 2023, Germany dominated the European renewables and biofuels final consumption in the transport equipment sector with the largest share, followed by France and Austria. Year-on-year, Germany experienced a significant growth of 46.63%, and Poland saw a notable increase of 49.45%, highlighting their strong renewable energy adoption. On the other hand, countries like Croatia showed a marked decline. Over the last five years, the sector has witnessed an average increase, indicating an upward trend in renewable energy integration across various countries.
Looking ahead, watch for technological advancements in biofuel production, policy support in key countries, and continued efforts to reduce carbon emissions in the transportation sector driving further growth in renewables consumption.
Top countries in Renewables and Biofuels Final Consumption in Transport Equipment Sector Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 63.63 | 2023 | +16.92% | +46.63% | View data |
| 2 | 2 France | 18.02 | 2023 | +7.04% | +12.6% | View data |
| 3 | 3 Austria | 4.12 | 2023 | +2.77% | +17.26% | View data |
| 4 | 4 Sweden | 4.08 | 2023 | +2.76% | -3.58% | View data |
| 5 | 5 Denmark | 1.78 | 2023 | +2.17% | +22.37% | View data |
| 6 | 6 Serbia | 1.08 | 2023 | +8.89% | +11.66% | View data |
| 7 | 7 Ukraine | 0.95 | 2023 | +15% | 0% | View data |
| 8 | 8 Spain | 0.95 | 2023 | +2.8% | +2.2% | View data |
| 9 | 9 Portugal | 0.83 | 2023 | +8.46% | +10.14% | View data |
| 10 | 10 Poland | 0.71 | 2023 | +8.29% | +49.45% | View data |
