In 2023, the Czech Republic was the largest exporter of lignite in Europe, although it saw a decline of 4.84% in exports. Bosnia and Herzegovina and Poland also experienced declines, with 7.86% and 10.35% respectively. Montenegro, Bulgaria, and Serbia showed positive growths in exports, with increases of 7.86%, 9.73%, and 11.62%. Romania had a substantial rise of 44.37%, indicating a sharp increase in market activity. Kosovo and Hungary saw moderate increases of 15.76% and 4.19%, while Austria experienced a significant reduction of 25.13%. Greece's exports remained static.
Looking forward, future trends for European lignite exports may include increased strategic shifts towards sustainable energy sources, as environmental policies become more stringent. Monitoring geopolitical dynamics, economic conditions, and energy market transitions will be crucial for forecasting lignite export developments in Europe.
Top countries in Lignite Exports by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 271.29 | 2023 | -1.72% | -4.84% | View data |
| 2 | 2 Bosnia and Herzegovina | 32.72 | 2023 | -4.3% | -7.86% | View data |
| 3 | 3 Poland | 31.99 | 2023 | +10.76% | -10.35% | View data |
| 4 | 4 Montenegro | 30.93 | 2023 | +14.63% | +7.86% | View data |
| 5 | 5 Bulgaria | 27.76 | 2023 | +22.06% | +9.73% | View data |
| 6 | 6 Serbia | 26.69 | 2023 | +4.67% | +11.62% | View data |
| 7 | 7 Romania | 6.91 | 2023 | +3.66% | +44.37% | View data |
| 8 | 8 Kosovo | 3.56 | 2023 | +15.64% | +15.76% | View data |
| 9 | 9 Hungary | 1.23 | 2023 | +11.89% | +4.19% | View data |
| 10 | 10 Greece | 0.13 | 2023 | -16.11% | View data |
