In 2023, the Netherlands led European naphtha exports with the largest share, accounting for 45.89 terajoules, followed by Belgium and France. While Belgium showed robust growth of 10.59%, France decreased slightly by 1.59%. Notably, Greece experienced the highest export growth at 18.63%, while Portugal and the United Kingdom saw significant declines of -16.84% and -17.14%, respectively. Ireland also posted impressive growth with a 21.93% increase. Meanwhile, smaller exporters like Bosnia and Herzegovina saw a steep fall of -27.23%.
Future trends to watch:
- Substantial growth potential in markets like Greece and Ireland could reshape the export dynamics.
- Continued decline in the UK and Portugal might lead to shifts in their export strategies.
- Market players should monitor geopolitical developments, energy policies, and economic factors influencing export conditions.
Top countries in Naphtha Exports Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 45.89 | 2023 | +1.29% | +0.1% | View data |
| 2 | 2 Belgium | 13.2 | 2023 | +9.67% | +10.59% | View data |
| 3 | 3 France | 12.62 | 2023 | +15.3% | -1.59% | View data |
| 4 | 4 Norway | 7.38 | 2023 | +1.78% | +0.13% | View data |
| 5 | 5 Spain | 4.87 | 2023 | +9.18% | +4.32% | View data |
| 6 | 6 Italy | 4.27 | 2023 | +6.02% | +7.89% | View data |
| 7 | 7 Greece | 2.81 | 2023 | +2.95% | +18.63% | View data |
| 8 | 8 Poland | 2.33 | 2023 | +4.44% | +2.59% | View data |
| 9 | 9 Germany | 2.13 | 2023 | +2.4% | +5.43% | View data |
| 10 | 10 Bulgaria | 1.61 | 2023 | +8.08% | +4.41% | View data |
