In 2023, Germany led the European coke and refined products market with a value of 12.84 million euros, closely followed by Italy (12.61), France (12.19), and the Netherlands (11.72). Notably, the Netherlands showed a significant year-on-year growth of 13.63%, while Bulgaria saw a decline of -9.76%. The United Kingdom experienced a slight contraction of -1.02%. Overall, the five-year CAGR highlights steady growth across major economies, with marked expansions in countries like Greece and Slovakia compared to previous years.
Looking forward, key trends to watch include the increasing investments in green technology, regulatory shifts towards sustainable practices, and varying geopolitical influences. This may lead to fluctuating output shares across countries, especially those heavily investing in sustainability. The adaptability to these changes will likely dictate future market standings.
Top countries in Coke and Refined Products Output Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 12.84 | 2023 | +10.8% | +1.86% | View data |
| 2 | 2 Italy | 12.61 | 2023 | -13.96% | +4.05% | View data |
| 3 | 3 France | 12.19 | 2023 | +0.071% | +8.63% | View data |
| 4 | 4 Netherlands | 11.72 | 2023 | +0.78% | +13.63% | View data |
| 5 | 5 Belgium | 8.83 | 2023 | +1.22% | +6.68% | View data |
| 6 | 6 Spain | 8.32 | 2023 | +13.22% | -0.49% | View data |
| 7 | 7 United Kingdom | 7.02 | 2023 | -0.13% | -1.02% | View data |
| 8 | 8 Greece | 5.43 | 2023 | +0.85% | +9.78% | View data |
| 9 | 9 Poland | 4.49 | 2023 | +8.5% | +0.55% | View data |
| 10 | 10 Finland | 2.86 | 2023 | +1.05% | +6.96% | View data |
