In 2023, Sweden led European nations in fuel oil consumption within the mining and quarrying sectors, recording 39.26 thousand tonnes of oil equivalent despite a slight decline of 1.52% from the previous year. Greece followed closely with a modest increase of 0.5%, while Italy saw a decrease of 1.42%. Noteworthy trends include significant growth in the Czech Republic at 23.63% and Portugal at 11.92%, contrasted by considerable reductions in Bulgaria (-6.63%), Germany (-18.25%), and Denmark (-21.67%). Analysis over a longer period indicates an evolving landscape in energy utilization, reflecting technological, regulatory, and market changes.
Looking ahead, the European fuel oil consumption in mining and quarrying will likely be influenced by a shift towards greener technologies and stringent environmental regulations. Increasing energy efficiency and renewable energy adoption are expected, potentially leading to lower reliance on traditional fuel oils. Monitoring policy changes, investments in sustainable technologies, and economic conditions across these countries will be crucial as these factors could significantly impact future consumption trends.
Top countries in Fuel Oil Final Consumption in Mining and Quarrying Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 39.26 | 2023 | +2.2% | -1.52% | View data |
| 2 | 2 Greece | 35.31 | 2023 | +7.36% | +0.5% | View data |
| 3 | 3 Italy | 11.2 | 2023 | +4.86% | -1.42% | View data |
| 4 | 4 Czech Republic | 2.29 | 2023 | +0.074% | +23.63% | View data |
| 5 | 5 Portugal | 1.66 | 2023 | +8.28% | +11.92% | View data |
| 6 | 6 Finland | 1.62 | 2021 | 0% | -16.74% | View data |
| 7 | 7 Bulgaria | 1.55 | 2023 | +12.05% | -6.63% | View data |
| 8 | 8 Austria | 0.54 | 2023 | -5.33% | -2.47% | View data |
| 9 | 9 Romania | 0.41 | 2023 | +0.41% | +3.47% | View data |
| 10 | 10 Bosnia and Herzegovina | 0.39 | 2023 | -9.32% | -10.52% | View data |
