In 2023, Italy led the European agriculture and forestry sector in solar thermal consumption with a value of 126.33 Terajoules, representing a 6.68% increase from the previous year. Spain and Austria also showed growth, with Spain at a marginal 0.025% and Austria at 4.62%, consuming 75.02 and 69.4 Terajoules respectively. France and Germany experienced minimal growth at 0.004% and 1.76%, reaching 70.82 and 48 Terajoules. Belgium, however, showed a decrease of 1.83%, consuming only 3.1 Terajoules. The five-year CAGR indicates a slowly increasing trend in the adoption of solar thermal in the sector.
Future trends to watch include:
- Increased investment in renewable energy infrastructure to support growth.
- Technological advancements driving efficiency and reducing costs.
- EU policies promoting sustainability likely to push higher adoption rates.
- Potential market shifts towards emerging technologies impacting traditional solar thermal consumption.
Top countries in Agriculture and Forestry Sector Final Consumption of Solar Thermal by Country
| # | 6 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 126.33 | 2023 | +5.82% | +6.68% | View data |
| 2 | 2 Spain | 75.02 | 2023 | -0.13% | +0.025% | View data |
| 3 | 3 France | 70.82 | 2023 | -0.18% | +0.004% | View data |
| 4 | 4 Austria | 69.4 | 2023 | +1.51% | +4.62% | View data |
| 5 | 5 Germany | 48 | 2023 | +2.13% | +1.76% | View data |
| 6 | 6 Belgium | 3.1 | 2023 | -3.13% | -1.83% | View data |
