The 2023 data on European lignite consumption in the machinery sector reveals that Serbia leads significantly with 97.26 GWh. The Czech Republic follows, albeit with a decline of 20.22%. Bosnia and Herzegovina also shows a reduction of 10.63%, while Montenegro enjoys a growth of 5.55%. Macedonia exhibits an impressive increase of 181.26% from a smaller base. In contrast, Hungary and Bulgaria are experiencing declines in consumption by 14.15% and 14.41%, respectively.
The compound annual growth rate (CAGR) analysis indicates varied growth trends across these countries over the past five years. For upcoming trends, observe potential technological advancements in machinery energy efficiency and policy shifts towards cleaner energy sources, which may reduce reliance on lignite in Europe.
Top countries in Lignite Final Consumption in Machinery Sector by Country
| # | 8 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 97.26 | 2023 | +5.7% | +3.4% | View data |
| 2 | 2 Czech Republic | 23.65 | 2023 | -24.88% | -20.22% | View data |
| 3 | 3 Bosnia and Herzegovina | 5.48 | 2023 | -7.7% | -10.63% | View data |
| 4 | 4 Montenegro | 3.11 | 2023 | +5.61% | +5.55% | View data |
| 5 | 5 Hungary | 2.08 | 2023 | -0.53% | -14.15% | View data |
| 6 | 6 Macedonia | 0.88 | 2023 | -4.97% | +181.26% | View data |
| 7 | 7 Bulgaria | 0.41 | 2023 | -27.84% | -14.41% | View data |
| 8 | 8 Romania | 0.24 | 2021 | +45.78% | View data |
