In 2023, Germany led the European sold production of Propyl and Isopropyl Alcohol, valued at 66.624 million euros, followed closely by France at 59.863 million euros. The United Kingdom showed notable growth, with an 8.71% increase to reach 11.04 million euros. Meanwhile, countries like Sweden and Denmark experienced moderate and significant growths of 2.71% and 19.74%, respectively. Alternately, Hungary and Croatia reported declines, with Hungary observing a sharp decrease of 16.65%. The Compound Annual Growth Rate over the last five years suggested a sustained demand with variations across countries due to production capacities and market needs.
Future trends to watch include:
- Increasing demand for Propyl and Isopropyl Alcohol in the pharmaceutical and cosmetic sectors.
- Potential growth in sustainable and eco-friendly production methods in response to environmental regulations.
- Emergence of new market leaders if current growth rates continue, particularly in countries like Denmark and the United Kingdom.
Top countries in Sold Production of Propyl Alcohol and Isopropyl Alcohol by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 66,624,000 | 2023 | +4.35% | +5.98% | View data |
| 2 | 2 France | 59,863,000 | 2023 | +0.57% | -1.99% | View data |
| 3 | 3 United Kingdom | 11,040,000 | 2023 | +5.22% | +8.71% | View data |
| 4 | 4 Sweden | 1,689,600 | 2023 | +6.89% | +2.71% | View data |
| 5 | 5 Denmark | 1,305,600 | 2023 | +12.49% | +19.74% | View data |
| 6 | 6 Spain | 1,253,000 | 2021 | View data | ||
| 7 | 7 Belgium | 1,065,100 | 2023 | +1.79% | +6.65% | View data |
| 8 | 8 Italy | 153,000 | 2021 | -23.12% | View data | |
| 9 | 9 Hungary | 130,410 | 2023 | -8.55% | -16.65% | View data |
| 10 | 10 Croatia | 8,970 | 2023 | -3.05% | -6.7% | View data |
