In 2023, Sweden dominated European biodiesel consumption with 20.72 thousand terajoules, while Austria, Romania, and Poland followed suit. Sweden's consumption rose by 4.62% in 2023. Remarkably, Poland and Romania experienced the highest year-on-year increases of 118.3% and 69.84%, respectively. Meanwhile, Germany surged by 52.06%. On the other hand, Austria and Belgium saw declines of 1.51% and 2.96%, respectively. Smaller markets like Croatia contracted by 8.78%, whereas several countries, including Spain and Greece, remained stable with no growth in 2023.
Future trends to watch include:
- Increasing demand in Poland and Romania, given their substantial growth rates.
- Potential for market adjustments in Austria and Belgium to reverse recent declines.
- Ongoing stability or potential expansion in countries with consistent consumption, such as Spain and Denmark.
- Opportunities for renewable energy policies to stimulate growth in less active markets.
Top countries in Pure Biodiesels Available for Final Consumption by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 20,720 | 2023 | +5.2% | +4.62% | View data |
| 2 | 2 Austria | 3,000 | 2023 | +13.86% | -1.51% | View data |
| 3 | 3 Romania | 2,930 | 2023 | +2.41% | +69.84% | View data |
| 4 | 4 Poland | 1,690 | 2023 | +11.65% | +118.3% | View data |
| 5 | 5 Germany | 1,210 | 2023 | +48.09% | +52.06% | View data |
| 6 | 6 Spain | 1,170 | 2023 | +2.26% | View data | |
| 7 | 7 Denmark | 134.9 | 2023 | +1120% | View data | |
| 8 | 8 Belgium | 126.7 | 2023 | +2.88% | -2.96% | View data |
| 9 | 9 Portugal | 36.3 | 2023 | +63.7% | View data | |
| 10 | 10 Greece | 16.59 | 2023 | +3.57% | View data |