In 2023, Hungary led European bioethanol exports with 549.92 thousand metric tons, followed by Belgium, Spain, and other countries. Despite some decreases, such as France's -13.54% and the UK's -21.1%, the Czech Republic saw a significant 44.71% increase. Smaller markets like Ukraine and Lithuania also expanded by 17.81% and 18.38% respectively. Over five years, the compounded annual growth rate varied significantly across the countries, indicating both emerging markets and stagnating ones, such as Latvia with a -42.37% decline.
Looking forward, as sustainability and energy independence gain importance in Europe, demand for bioethanol is expected to rise. Emerging Eastern European markets will likely play a significant role, while more developed markets focus on maintaining growth through innovation and policy support.
Top countries in Exports of Bioethanol by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 549.92 | 2023 | +9.41% | +4.9% | View data |
| 2 | 2 Belgium | 340.78 | 2023 | +4.75% | +11.31% | View data |
| 3 | 3 Spain | 222.77 | 2023 | +2.57% | +4.84% | View data |
| 4 | 4 Sweden | 159.83 | 2023 | +2.81% | +2.69% | View data |
| 5 | 5 Germany | 152 | 2023 | +9.35% | +2.55% | View data |
| 6 | 6 France | 125.41 | 2023 | +1.53% | -13.54% | View data |
| 7 | 7 Austria | 120.89 | 2023 | +6.25% | +2.01% | View data |
| 8 | 8 United Kingdom | 32.11 | 2023 | -13.66% | -21.1% | View data |
| 9 | 9 Czech Republic | 19.49 | 2023 | +9.07% | +44.71% | View data |
| 10 | 10 Ukraine | 9.9 | 2023 | +42.2% | +17.81% | View data |
