In 2023, Germany led the European blast furnace gas consumption in the iron and steel sectors, holding a 43.32% share. Following were Ukraine and Poland with 23.37% and 7.61%, respectively. Notably, Belgium and Spain recorded the most substantial declines at -10.25% and -12.46%. The sector witnessed a mixed trend, where countries like Norway and Austria saw increases of 4.51% and 5.24%, respectively, while most others faced decreases in their consumption rates.
Looking ahead to 2024 and beyond, focus on the impact of decarbonization policies in the EU as they may drive shifts in energy use within the steel industry. Also, the ongoing conflict in Ukraine and its geopolitical ramifications might impact regional consumption patterns. Keep an eye on technological innovations aimed at improving energy efficiency and reducing carbon footprints in the sector, possibly altering blast furnace gas dependency.
Top countries in Blast Furnace Gas Final Consumption in Iron and Steel Sectors Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 43.32 | 2023 | +0.54% | -6.02% | View data |
| 2 | 2 Ukraine | 23.37 | 2023 | -15.95% | -9.21% | View data |
| 3 | 3 Poland | 7.61 | 2023 | +0.0028% | -2.05% | View data |
| 4 | 4 Slovakia | 5.72 | 2023 | +0.29% | -2.35% | View data |
| 5 | 5 Bosnia and Herzegovina | 4.17 | 2023 | +19.92% | +0.86% | View data |
| 6 | 6 Czech Republic | 4.15 | 2023 | -1.74% | -1.66% | View data |
| 7 | 7 Romania | 3.62 | 2023 | -18.08% | -6.79% | View data |
| 8 | 8 Sweden | 2.86 | 2023 | +1% | -1.42% | View data |
| 9 | 9 Netherlands | 2.52 | 2023 | +0.35% | +0.26% | View data |
| 10 | 10 Norway | 1.89 | 2023 | +1.08% | +4.51% | View data |
