The European heat final consumption in the wood and wood products sector indicates a leadership by Finland and Sweden, with values of 20.41 and 20.35 terajoules, respectively, in 2023. Poland shows notable growth with a year-on-year increase of 3.88%, while Croatia also demonstrates strong growth at 13.41%. In contrast, Latvia and Slovakia experienced significant declines of -5.45% and -12.46%, respectively.
Future trends to monitor include:
- The impact of environmentally friendly policies and technology advancements on the sector.
- Potential shifts in market dynamics influenced by EU regulations and global economic conditions.
- The growth of countries with current small shares such as Slovenia, with its impressive growth rate of 27.65%.
Top countries in Heat Final Consumption in Wood and Wood Products Sector Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 20.41 | 2023 | +2.11% | +0.34% | View data |
| 2 | 2 Sweden | 20.35 | 2023 | +18.17% | View data | |
| 3 | 3 Ukraine | 10.31 | 2023 | +2.44% | +0.68% | View data |
| 4 | 4 Poland | 9.27 | 2023 | +7.88% | +3.88% | View data |
| 5 | 5 Austria | 7.14 | 2023 | +3.54% | -1.21% | View data |
| 6 | 6 Croatia | 6.28 | 2023 | +7.32% | +13.41% | View data |
| 7 | 7 Latvia | 5.82 | 2023 | -5.31% | -5.45% | View data |
| 8 | 8 Germany | 5.77 | 2023 | +2.96% | -1.88% | View data |
| 9 | 9 Italy | 3.22 | 2023 | +2.11% | -0.8% | View data |
| 10 | 10 Romania | 2.5 | 2023 | +14.98% | -8.63% | View data |
