In 2023, Germany accounted for the largest share of the European iron and steel sector's final consumption of coke oven gas, with a notable year-on-year increase of 3.65%. In contrast, Ukraine, despite maintaining a significant portion, experienced a decline of 3.17%. Slovakia and the Czech Republic saw decreases in consumption at -2.73% and -1.04%, respectively, with the Netherlands showing marginal change at -0.38%.
Other countries like Belgium, Poland, Finland, and Sweden also reported slight downturns. Italy and Spain marked the most significant declines at -12.87% and -16.5%. Conversely, the United Kingdom observed a modest increase of 1.21%. Notably, Austria and Poland faced significant declines exceeding 5%. The five-year compound annual growth rate (CAGR) reflects an overall mixed performance in the sector, highlighting varied national trends.
Future trends to watch in the European iron and steel sector include potential shifts in national positions due to technological advancements, environmental regulations emphasizing energy efficiency, and economic factors influencing production and consumption dynamics. Countries with declining trends may focus on increasing efficiency to enhance their share.
Top countries in Iron and Steel Sector Final Consumption of Coke Oven Gas Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.99 | 2023 | +0.074% | +3.65% | View data |
| 2 | 2 Ukraine | 26.48 | 2023 | -2.6% | -3.17% | View data |
| 3 | 3 Slovakia | 7.25 | 2023 | +3.02% | -2.73% | View data |
| 4 | 4 Netherlands | 6.36 | 2023 | +0.95% | -0.38% | View data |
| 5 | 5 Czech Republic | 5.58 | 2023 | -0.35% | -1.04% | View data |
| 6 | 6 Belgium | 4.97 | 2023 | -3.22% | -1.94% | View data |
| 7 | 7 Poland | 4.46 | 2023 | -8.3% | -5.07% | View data |
| 8 | 8 Finland | 3.28 | 2023 | +3.16% | -0.13% | View data |
| 9 | 9 Sweden | 3.05 | 2023 | -0.99% | -0.95% | View data |
| 10 | 10 United Kingdom | 2.78 | 2023 | -3.29% | +1.21% | View data |
