In 2023, Germany led European fuel oil recycled products with 167.4 TTOE, showing a slight decline from the previous year. Belgium followed with significant growth, while France and Cyprus experienced reductions. Lithuania demonstrated noticeable growth. Bulgaria's figures remained steady, and the Czech Republic faced a drastic decline. The Compound Annual Growth Rate indicates varied trends over five years, with growth in Belgium and Lithuania, while other countries showed fluctuations or declines.
Future trends to watch include advancements in recycling technologies, policy changes encouraging recycled fuel oil use, and cross-border collaborations in Europe. Fuel price volatility and environmental regulations will also influence recycling dynamics.
Top countries in Fuel Oil Recycled Products by Country
| # | 7 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 167.4 | 2023 | +0.26% | -0.15% | View data |
| 2 | 2 Belgium | 38.18 | 2023 | +1.56% | +7.38% | View data |
| 3 | 3 France | 11.85 | 2023 | +0.076% | -4.96% | View data |
| 4 | 4 Lithuania | 7.54 | 2023 | +6.6% | +8.45% | View data |
| 5 | 5 Bulgaria | 4.93 | 2023 | +2.75% | View data | |
| 6 | 6 Cyprus | 3.37 | 2023 | -6.76% | -5.59% | View data |
| 7 | 7 Czech Republic | 0.075 | 2023 | +92.31% | -39.73% | View data |
