The European market for bi-fuel passenger cars showed varied growth across countries in 2023. France led with 273.85 thousand cars, marking a 12.52% increase from the previous year. Spain followed with a significant 17.3% rise. Romania’s figures remained stable, while Croatia saw a minor decline. Portugal showed the most notable growth percentage-wise at 14.79%, despite its smaller market size. Other countries like Sweden and Liechtenstein experienced decreases, at -8.33% and -6.97% respectively. The Compound Annual Growth Rate (CAGR) over the past five years suggests moderate growth across the region with some fluctuations in individual countries.
Future trends to watch include the increasing adoption of bi-fuel technologies in response to environmental policies and fluctuating fuel prices. France and Spain are expected to continue their growth trajectory, driven by supportive legislation and infrastructure expansion. Conversely, markets with declining numbers may need strategic interventions to boost bi-fuel adoption, potentially focusing on incentives and public awareness to counteract the cost barriers for consumers.
Top countries in Number of Bi-Fuel Passenger Cars by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 273,850 | 2023 | +17.21% | +12.52% | View data |
| 2 | 2 Spain | 137,210 | 2023 | +14.86% | +17.3% | View data |
| 3 | 3 Romania | 68,640 | 2023 | +26.57% | View data | |
| 4 | 4 Croatia | 60,800 | 2023 | -0.31% | -0.28% | View data |
| 5 | 5 Bosnia and Herzegovina | 41,810 | 2023 | +16.36% | +2.33% | View data |
| 6 | 6 Bulgaria | 31,770 | 2022 | View data | ||
| 7 | 7 Hungary | 29,990 | 2023 | +2.68% | +1.11% | View data |
| 8 | 8 United Kingdom | 23,410 | 2021 | View data | ||
| 9 | 9 Sweden | 22,600 | 2023 | -3.45% | -8.33% | View data |
| 10 | 10 Finland | 9,220 | 2023 | -1.02% | +13.01% | View data |
