This analysis highlights the final consumption of European renewables and biofuels within the fishing sector by country. Iceland leads significantly with 38.09 ktoe in 2023, followed by Italy at 34.04 ktoe. Notably, Iceland exhibits a remarkable year-on-year growth of 23.75%, indicating a robust increase in renewable energy utilization. The Czech Republic also shows a significant rise in consumption, with a 61.4% increase, albeit from a lower base. Conversely, Hungary and Greece are the only countries with negative variations, both declining by approximately 8-9% year-on-year.
Future trends suggest continued growth in renewable energy consumption in the fishing sector, driven by policy incentives and technological advancements. Strategic investments from leading countries like Iceland and Italy might set benchmarks, encouraging other European nations to enhance their adoption of renewables and biofuels. Key attention areas will be the potential impacts of increased sustainability mandates and innovations within fuel sources.
Top countries in Renewables and Biofuels Final Consumption in Fishing Sector by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 38.09 | 2023 | +2.35% | +23.75% | View data |
| 2 | 2 Italy | 34.04 | 2023 | +3.9% | +0.21% | View data |
| 3 | 3 France | 8.77 | 2023 | +2.83% | +1.19% | View data |
| 4 | 4 Spain | 7.83 | 2023 | +35.69% | +4.24% | View data |
| 5 | 5 Sweden | 7.76 | 2023 | +18.97% | +0.43% | View data |
| 6 | 6 Portugal | 1.05 | 2023 | +2.13% | +9.08% | View data |
| 7 | 7 Czech Republic | 0.45 | 2023 | +29.39% | +61.4% | View data |
| 8 | 8 Finland | 0.13 | 2023 | +3.97% | View data | |
| 9 | 9 Latvia | 0.11 | 2023 | 0% | +4.66% | View data |
| 10 | 10 Malta | 0.062 | 2023 | +5.08% | View data |
