In 2023, France held the largest closing stock of blended biodiesels in Europe, with 569,000 metric tons, followed by Sweden and the United Kingdom. Among the countries listed, Austria showed the most significant year-on-year growth at 14.72%, while Hungary, Croatia, and Cyprus remained stagnant. Spain exhibited notable expansion with an 8.05% increase, while France and Sweden saw modest growth of 0.32% and 0.67%, respectively.
Looking ahead, future trends to watch include shifts in European Union renewable energy policies, advancements in biodiesel technology, and potential disruptions in the global energy market that could influence the demand and stock levels of blended biodiesels in these countries.
Top countries in Blended Biodiesels Closing Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 569 | 2023 | -0.35% | +0.32% | View data |
| 2 | 2 Sweden | 272.87 | 2023 | +8.96% | +0.67% | View data |
| 3 | 3 United Kingdom | 64 | 2023 | +3.23% | +2.34% | View data |
| 4 | 4 Spain | 41.23 | 2023 | -2.34% | +8.05% | View data |
| 5 | 5 Austria | 34.8 | 2023 | +2.84% | +14.72% | View data |
| 6 | 6 Hungary | 21 | 2023 | +5% | 0% | View data |
| 7 | 7 Czech Republic | 19 | 2023 | +5.56% | +3.5% | View data |
| 8 | 8 Greece | 6.61 | 2023 | +2.8% | +0.18% | View data |
| 9 | 9 Luxembourg | 4.28 | 2023 | +2.78% | +3.13% | View data |
| 10 | 10 Iceland | 1.03 | 2021 | -55.9% | View data |
