In 2023, Poland led European solid fossil fuel production, holding 35.77% of the market. Germany followed with 21.6%, and the Czech Republic at 10.78%. Year-on-year changes showed a decline across most nations, notably Germany (-8.91%) and Ukraine (-8.5%). Countries like Kosovo and Montenegro exhibited growth at 3.22% and 2.66%, respectively. Over the past five years, the industry's compound annual growth rate (CAGR) indicates a gradual decline in traditional solid fossil fuel production.
Future trends to monitor include:
• A continued transition towards renewable energy impacting solid fossil fuels.
• Technological advancements potentially revitalizing some traditional production, improving efficiency.
• Regulatory changes across Europe aiming for sustainable energy solutions may further limit fossil fuel production.
Top countries in Production of Solid Fossil Fuels Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 35.77 | 2023 | -3.32% | -3.51% | View data |
| 2 | 2 Germany | 21.6 | 2023 | -7.35% | -8.91% | View data |
| 3 | 3 Czech Republic | 10.78 | 2023 | -1.29% | -4.07% | View data |
| 4 | 4 Ukraine | 8.37 | 2023 | -13.33% | -8.5% | View data |
| 5 | 5 Serbia | 5.87 | 2023 | -1.42% | -0.49% | View data |
| 6 | 6 Bulgaria | 4.46 | 2023 | +3.69% | -0.64% | View data |
| 7 | 7 Romania | 3.19 | 2023 | +1.21% | -2.7% | View data |
| 8 | 8 Bosnia and Herzegovina | 2.55 | 2023 | -5.27% | -5.16% | View data |
| 9 | 9 Greece | 1.88 | 2023 | -13.9% | -13.53% | View data |
| 10 | 10 Kosovo | 1.52 | 2023 | +2.45% | +3.22% | View data |