The European Gas Oil and Diesel Oil consumption in the iron and steel sectors has shown notable disparities across countries. As of 2023, Ukraine holds the largest share, despite a slight decline. Italy and Kosovo have exhibited significant growth, showcasing resilience and potential expansion capabilities. Conversely, notable reductions were observed in Hungary, Macedonia, Greece, and Romania, indicating potential structural or economic challenges in these countries' iron and steel sectors.
Key trends to watch include:
- Italy's and Kosovo's continued upward trajectory in consumption, hinting at increased industrial activity or strategic shifts.
- Monitoring Hungary, Greece, and other countries with notable declines could reveal broader economic impacts or policy changes affecting industry operations.
- The role of environmental policies and energy transition efforts impacting future consumption patterns in this sector.
Top countries in Gas Oil and Diesel Oil (Excluding Biofuel Portion) Final Consumption in Iron and Steel Sectors Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 33.13 | 2023 | -1.39% | -3.84% | View data |
| 2 | 2 Spain | 10.63 | 2023 | +0.016% | -1.3% | View data |
| 3 | 3 Italy | 10.54 | 2023 | +5.91% | +10.42% | View data |
| 4 | 4 Sweden | 9.01 | 2023 | +0.78% | -1.31% | View data |
| 5 | 5 France | 6.98 | 2023 | -2.75% | -1.54% | View data |
| 6 | 6 Kosovo | 5.84 | 2023 | +7.96% | +10.87% | View data |
| 7 | 7 Belgium | 5.45 | 2023 | -0.99% | -0.026% | View data |
| 8 | 8 Germany | 4.8 | 2023 | -16.59% | -2.29% | View data |
| 9 | 9 Norway | 2.4 | 2023 | -3.03% | -0.17% | View data |
| 10 | 10 Finland | 2.15 | 2023 | +10.73% | +14.81% | View data |
