In 2023, Ukraine led the European Coal Tar Transformation Output, followed by Poland and the Czech Republic. Many countries like Ukraine, France, and Hungary exhibited minor output declines, while Slovakia and Austria showed modest growth. Significant drops were observed in Spain and the UK. The compounded annual growth rate highlights long-term stability despite yearly fluctuations, with Slovakia and Austria seeing consistent incremental growth, contrasting with declining nations such as the UK.
Future trends to watch include potential shifts in energy policies focusing on renewable sources, which might curtail coal tar demand. Monitoring geopolitical dynamics in Eastern Europe is crucial, as they may impact Ukraine’s production capabilities.
Top countries in Coal Tar Transformation Output by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 22,710 | 2023 | +5.17% | -1.23% | View data |
| 2 | 2 Poland | 14,520 | 2023 | +5.24% | +0.47% | View data |
| 3 | 3 Czech Republic | 7,080 | 2023 | +5.71% | -0.32% | View data |
| 4 | 4 France | 5,380 | 2023 | +4.14% | -1.04% | View data |
| 5 | 5 Netherlands | 2,820 | 2023 | -2.69% | -1.78% | View data |
| 6 | 6 Italy | 2,750 | 2023 | +8.1% | -4.2% | View data |
| 7 | 7 Slovakia | 1,970 | 2023 | +8.08% | +1.49% | View data |
| 8 | 8 Austria | 1,700 | 2023 | +2.29% | +1.31% | View data |
| 9 | 9 Belgium | 1,630 | 2023 | +4.7% | +0.58% | View data |
| 10 | 10 Hungary | 1,620 | 2023 | +5.05% | -1.55% | View data |
