In 2023, Iceland led the consumption of renewables and biofuels in the fishing sector with 1.57 thousand terajoules, followed by Italy at 1.47. Iceland and the Czech Republic witnessed significant year-on-year growth at 23.54% and 61.75%, respectively. In contrast, Hungary saw a decline of 12.94%, and Greece decreased by 8.34%. Most other countries experienced minimal changes, indicating a consistent use of renewables and biofuels in their fishing sectors over last year. In the five-year span, steady but generally low Compound Annual Growth Rates (CAGR) signify gradual adaptation without drastic shifts.
Looking ahead, the focus will likely be on innovations and policies to boost renewables use in fisheries, potentially fostering significant growth in countries currently exhibiting minimal consumption. Sustainable practices and technological advancements will be critical to unlocking the full potential of biofuels and renewables in Europe's fishing industry.
Top countries in Renewables and Biofuels Final Consumption in Fishing Sector by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 1,570 | 2023 | +2.06% | +23.54% | View data |
| 2 | 2 Italy | 1,470 | 2023 | +5.66% | +0.9% | View data |
| 3 | 3 France | 364.82 | 2023 | +2.52% | +1.06% | View data |
| 4 | 4 Spain | 327.75 | 2023 | +35.68% | +4.24% | View data |
| 5 | 5 Sweden | 324.22 | 2023 | +18.9% | +0.39% | View data |
| 6 | 6 Portugal | 44.07 | 2023 | +2.08% | +9.06% | View data |
| 7 | 7 Czech Republic | 18.86 | 2023 | +29.53% | +61.75% | View data |
| 8 | 8 Finland | 5.49 | 2023 | +4.22% | View data | |
| 9 | 9 Latvia | 4.52 | 2023 | +0.066% | +4.57% | View data |
| 10 | 10 Malta | 2.58 | 2023 | +4.16% | View data |
