The analysis of European primary solid biofuels consumption in the chemical and petrochemical sectors in 2024 shows Norway leading significantly, followed by France and Germany. Notable year-on-year growth occurred in Norway, Ukraine, Sweden, and the United Kingdom, with substantial increases of 39.42%, 34.16%, 23.55%, and 34.37% respectively. Conversely, Finland and Portugal witnessed major declines, with drops of 66.78% and 7.22% respectively. The sector remains diverse, with several countries contributing smaller volumes. Over the last five years, countries like Macedonia and Croatia showed rapid growth, albeit from a low base.
Future trends to watch for in this sector include:
- Increased biofuel consumption in high growth markets like Norway, Sweden, and Ukraine.
- Potential decline in countries facing economic or policy challenges, e.g., Finland.
- Evolving policies favoring renewable energy could drive growth in other emerging markets.
- The impact of technological advancements and investments in biofuel production capacity will be crucial for sustained growth.
Top countries in Primary Solid Biofuels Final Consumption in Chemical and Petrochemical Sectors by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 159.32 | 2023 | +13.21% | +39.42% | View data |
| 2 | 2 France | 108.73 | 2023 | +2.89% | +10.32% | View data |
| 3 | 3 Germany | 46.48 | 2023 | +3.44% | +5.57% | View data |
| 4 | 4 Austria | 42.54 | 2023 | +4.66% | -1.16% | View data |
| 5 | 5 Sweden | 37.4 | 2023 | -0.04% | +23.55% | View data |
| 6 | 6 United Kingdom | 28.46 | 2023 | +7.02% | +34.37% | View data |
| 7 | 7 Slovenia | 20.16 | 2023 | +2.86% | +2.81% | View data |
| 8 | 8 Serbia | 20.05 | 2023 | +22.99% | +29.48% | View data |
| 9 | 9 Denmark | 17.79 | 2023 | +13.31% | +19.83% | View data |
| 10 | 10 Bulgaria | 12.9 | 2023 | +3.61% | +14.36% | View data |
