In 2023, Norway led in European road freight transport of coke and refined petroleum products in intermediate regions, with a significant growth of 6.51%. Austria and Cyprus faced declines, with -4.47% and -5.32% respectively. Slovenia experienced a modest increase of 2.95%, while Slovakia’s transport slightly decreased by 0.25%. Latvia and Ireland showed declines of -1.14% and -4.15% respectively. Luxembourg saw a notable drop of -20.74%, whereas Montenegro had a marked increase of 27.65%. Looking back over the past five years, the average annual growth rate (CAGR) suggests varying trends across countries.
Future trends to watch involve innovations in fuel efficiency and alternative energy which could drive structural changes. The European commitment to sustainability might also impact the sector's dynamics, influencing national policies and logistics strategies. Monitoring technological advancements and regulatory changes will be crucial in understanding these future trends.
Top countries in National Annual Road Freight Transport of Coke and Refined Petroleum Products Loaded in Intermediate Regions by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 9,700 | 2023 | -11.39% | +6.51% | View data |
| 2 | 2 Sweden | 6,550 | 2022 | -0.2% | -1.65% | View data |
| 3 | 3 Czech Republic | 4,470 | 2022 | -27.82% | -0.14% | View data |
| 4 | 4 Denmark | 2,560 | 2022 | +31.28% | View data | |
| 5 | 5 Austria | 2,250 | 2023 | -17.4% | -4.47% | View data |
| 6 | 6 Cyprus | 1,900 | 2023 | -2.51% | -5.32% | View data |
| 7 | 7 Hungary | 1,670 | 2022 | -29.93% | -1.16% | View data |
| 8 | 8 Slovenia | 1,530 | 2023 | -1.03% | +2.95% | View data |
| 9 | 9 Slovakia | 1,530 | 2023 | +13.81% | -0.25% | View data |
| 10 | 10 Latvia | 709 | 2023 | +0.71% | -1.14% | View data |