In 2023, Poland led the European exports of solid fossil fuels with 53.68 thousand metric tons, although it experienced a slight decline of -0.41% year-on-year. Germany was the second largest exporter with 13.31 thousand metric tons, showing an increase of 3.15%. The Czech Republic, Spain, and Bosnia and Herzegovina also remained key players, with Spain witnessing a significant rise of 21.86% while the Czech Republic experienced a notable decline of -8.79%. Other notable changes included Montenegro's substantial growth of 17.26%, and Romania's remarkable increase of 93.66%.
Denmark and Kosovo experienced a complete halt in exports, showing a -100% variation. Meanwhile, Sweden experienced a significant rise of 32.78%, and Macedonia had an astonishing growth rate of 113.42%. On the other hand, countries like Serbia and Latvia saw declines of -13.95% and -19.5%, respectively.
Future trends to watch include the continued recovery or expansion of exports in smaller markets like Romania and Macedonia. Additionally, the impact of environmental regulations and energy transitions in Europe could potentially reduce dependence on solid fossil fuels, leading to a decline in overall export volumes. Monitoring the policies and market dynamics in major exporting countries like Poland, Germany, and Spain will be crucial for forecasting future trends.
Top countries in Exports of Solid Fossil Fuels Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 53.68 | 2023 | -1.43% | -0.41% | View data |
| 2 | 2 Germany | 13.31 | 2023 | -0.46% | +3.15% | View data |
| 3 | 3 Czech Republic | 10.16 | 2023 | -15.33% | -8.79% | View data |
| 4 | 4 Spain | 6.58 | 2023 | -8.34% | +21.86% | View data |
| 5 | 5 Bosnia and Herzegovina | 4.59 | 2023 | -17.89% | +5.91% | View data |
| 6 | 6 United Kingdom | 2.98 | 2023 | -1.35% | +0.37% | View data |
| 7 | 7 Italy | 1.48 | 2023 | -6.25% | -2.15% | View data |
| 8 | 8 Montenegro | 0.94 | 2023 | -4.6% | +17.26% | View data |
| 9 | 9 Ukraine | 0.9 | 2021 | +228.67% | -23.81% | View data |
| 10 | 10 Hungary | 0.78 | 2023 | +9.49% | -10.78% | View data |
