The 2023 data for European Gas Oil and Diesel Oil consumption in the iron and steel sectors highlights diverse trends across countries, measured in gigawatt-hours. Ukraine is the dominant consumer, despite a 2.1% dip, followed by smaller shares from Spain, Sweden, and Italy, with Italy seeing a substantial 7.67% increase. Austria, Romania, and Finland show notable growth, with Austria leading at 13.35%. In contrast, Greece, Hungary, and Slovenia experienced significant declines. Stability can be observed in Iceland, Netherlands, and Slovakia with no change, suggesting a balanced demand.
Future trends in the European Gas Oil and Diesel Oil consumption for iron and steel sectors may be influenced by energy regulations, shifts towards greener alternatives, and technological advancements. Monitoring economic recovery, especially in Eastern Europe, and sustainable fuel adoption will be critical. Policymaker decisions on energy transition pathways could significantly alter consumption patterns, resulting in potential shifts away from traditional fuels in high-consuming countries over the next decade.
Top countries in Gas Oil and Diesel Oil (Excluding Biofuel Portion) Final Consumption in Iron and Steel Sectors Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 34.71 | 2023 | +1.22% | -2.1% | View data |
| 2 | 2 Spain | 10.23 | 2023 | +0.19% | -1.19% | View data |
| 3 | 3 Sweden | 9.01 | 2023 | +2.55% | -0.47% | View data |
| 4 | 4 Italy | 8.9 | 2023 | +3.28% | +7.67% | View data |
| 5 | 5 France | 6.63 | 2023 | -3.13% | -1.7% | View data |
| 6 | 6 Germany | 6.03 | 2023 | -5.21% | +3.14% | View data |
| 7 | 7 Kosovo | 5.6 | 2023 | +7.95% | +10.87% | View data |
| 8 | 8 Belgium | 5.45 | 2023 | -0.95% | +0.83% | View data |
| 9 | 9 Norway | 2.39 | 2023 | -1.98% | +0.52% | View data |
| 10 | 10 Iceland | 2.06 | 2023 | +2.7% | View data |
