European Petroleum Coke final consumption in the chemical and petrochemical sectors has shown significant variation by country. As of 2023, Bulgaria led with 270.58 thousand tonnes of oil equivalent, experiencing a healthy year-on-year increase of 3.63%. Ireland and France had moderate consumption levels of 9.7 and 5.58 respectively, with slight declines and growths noted. Albania recorded a notable increase of 4.86%, albeit from a lower base of 0.25. Germany and Sweden faced significant reductions of 67.36% and 72.5%, aligning with broader energy transitions. The past five-year CAGR shows mixed trends, underlying different energy strategies across nations.
Future trends to watch include a potential increase in renewable alternatives impacting petrochemical sectors. Countries may adjust consumption based on climate policies, technological advancements, and economic conditions. Focus on more sustainable practices and increased environmental regulations is expected to continue reshaping the Europe's energy consumption landscape.
Top countries in Petroleum Coke Final Consumption in Chemical and Petrochemical Sectors by Country
| # | 6 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 270.58 | 2023 | +13.21% | +3.63% | View data |
| 2 | 2 Ireland | 9.7 | 2023 | +13.87% | -0.24% | View data |
| 3 | 3 France | 5.58 | 2023 | +16.03% | +0.87% | View data |
| 4 | 4 Albania | 0.25 | 2023 | +14.09% | +4.86% | View data |
| 5 | 5 Germany | 0.051 | 2023 | +96.15% | -67.36% | View data |
| 6 | 6 Sweden | 0.012 | 2023 | +100% | -72.5% | View data |
