Germany led Europe's renewables and biofuels exports in 2023, followed by Spain and the Netherlands. With significant growth in smaller markets like Latvia and Italy, these countries are expanding their exports dynamically. Sweden and Ireland showed substantial increases over the year. In contrast, Poland and Ukraine experienced decreased exports. Malta showed exceptional year-on-year growth, indicating potential for future development. Despite a few emerging decreases, most countries experienced positive growth, with standout rises in Estonia and Czech Republic.
Future trends to watch include Germany's continued dominance, Spain's potential growth leveraging its current trajectory, and the expansion in emerging markets such as Latvia and Ireland. Discussions on environmental regulations and technological advancements will influence future market dynamics, affecting exports. Additionally, geopolitical developments could impact export directions and strategies for renewable resources.
Top countries in Renewables and Biofuels Exports by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,220 | 2023 | +4.07% | +4.74% | View data |
| 2 | 2 Spain | 2,830 | 2023 | +7.87% | +6.28% | View data |
| 3 | 3 Netherlands | 1,660 | 2023 | +2.95% | +3.77% | View data |
| 4 | 4 Latvia | 1,590 | 2023 | +4.31% | +9.55% | View data |
| 5 | 5 France | 1,050 | 2023 | +9.26% | +1.79% | View data |
| 6 | 6 Italy | 904.58 | 2023 | +11.84% | +25.49% | View data |
| 7 | 7 Austria | 897.55 | 2023 | +3.65% | +3.73% | View data |
| 8 | 8 Estonia | 843.69 | 2023 | +13.21% | +6.45% | View data |
| 9 | 9 Czech Republic | 623.21 | 2023 | +2.41% | +7.76% | View data |
| 10 | 10 Sweden | 612.7 | 2023 | +9.86% | +10.46% | View data |
