Germany remains the leader in European electricity final consumption in the chemical and petrochemical sectors, with a stable presence despite a slight decrease of 0.1% from 2023. France, Belgium, and the UK follow, demonstrating varied dynamics, with Belgium showing a minor increase and the UK experiencing a notable decline by 1.71%. Eastern European countries like Ukraine and Slovakia show significant growth, with Ukraine up by 7.0%. Conversely, Sweden and Greece exhibit significant reductions of 3.25% and 12.46%, respectively. Overall, trends indicate a gradual shift with mixed stability and expansion across the continent.
Future trends to watch include potential shifts towards greener processes and innovations in energy efficiency in the chemical and petrochemical sectors. Emerging technologies and regulatory changes aimed at reducing carbon footprints could substantially influence consumption patterns. Additionally, geopolitical factors and supply chain innovations are likely to impact electricity usage trends across different countries in this region.
Top countries in Electricity Final Consumption in Chemical and Petrochemical Sectors Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.45 | 2023 | +0.1% | -0.1% | View data |
| 2 | 2 France | 9.56 | 2023 | -1.18% | -0.66% | View data |
| 3 | 3 Belgium | 7.6 | 2023 | +0.19% | +0.19% | View data |
| 4 | 4 United Kingdom | 7.22 | 2023 | -1.59% | -1.71% | View data |
| 5 | 5 Italy | 7.19 | 2023 | -1.09% | -0.7% | View data |
| 6 | 6 Netherlands | 6.75 | 2023 | +0.07% | -0.66% | View data |
| 7 | 7 Spain | 5.09 | 2023 | -0.17% | +1.49% | View data |
| 8 | 8 Poland | 4.35 | 2023 | -0.0062% | -0.97% | View data |
| 9 | 9 Norway | 4.05 | 2023 | +0.17% | +0.52% | View data |
| 10 | 10 Austria | 2.68 | 2023 | +1.55% | +1.81% | View data |
