In 2023, Germany led European blast furnace gas transformation with 159.4 thousand terajoules, despite a slight decline of 0.19% from the previous year. France and Ukraine followed, experiencing declines of 1.47% and 4.77% respectively. Notably, Austria and Serbia saw growth, with increases of 3.51% and 1.28%. Sweden also registered a positive change of 0.91%. Other countries, such as Slovakia and Hungary, faced sharper reductions of 5.59% and 5.95%, respectively. Over the last five years, the compound annual growth rate (CAGR) indicates a varied, largely declining trend across these nations.
Future trends to watch include the impact of technological advancements and environmental regulations on blast furnace operations, as nations aim for industrial sustainability. Austria's growth signals potential shifts in competitive dynamics, while declining outputs in countries like Ukraine and Hungary may prompt policy adjustments. The overall trend will also be influenced by energy transitions across Europe.
Top countries in Blast Furnace Gas Transformation Output by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 159,400 | 2023 | +3.49% | -0.19% | View data |
| 2 | 2 France | 80,070 | 2023 | +3.9% | -1.47% | View data |
| 3 | 3 Ukraine | 63,960 | 2023 | -6.13% | -4.77% | View data |
| 4 | 4 Netherlands | 34,670 | 2023 | -0.57% | -1.03% | View data |
| 5 | 5 Austria | 30,000 | 2023 | +1.78% | +3.51% | View data |
| 6 | 6 United Kingdom | 27,470 | 2023 | -4.77% | -3.45% | View data |
| 7 | 7 Poland | 24,900 | 2023 | +5.11% | -1.15% | View data |
| 8 | 8 Belgium | 22,130 | 2023 | +2.83% | -1.28% | View data |
| 9 | 9 Czech Republic | 18,090 | 2023 | -1.45% | -1.78% | View data |
| 10 | 10 Slovakia | 17,020 | 2023 | +0.34% | -5.59% | View data |
