The European market for additives and oxygenates (excluding biofuel) displays a diverse opening stock share by country in 2024. The Netherlands holds a significant share with 71.16 thousand metric tons, leading the market. Italy follows with 21.22 thousand metric tons, while Portugal, Romania, and Poland also maintain noteworthy stocks. The UK presents a negative stock, potentially indicating a supply deficit or other market anomalies.
Key trends include substantial year-on-year growth in Spain (61.54%) and Lithuania (11.46%), alongside stability in Romania, Poland, Ukraine, and Moldova. The Netherlands experienced a moderate growth of 7.75% in 2023. Conversely, Italy, Portugal, Greece, and Serbia faced contractions, reflecting possible market changes or demand fluctuations. Over the last five years, countries like Spain, Lithuania, and the Netherlands showed promising CAGR trends.
Future trends to watch include technological advancements and regulatory changes that could affect supply chain dynamics, particularly in leading countries like the Netherlands, Italy, and Spain. Additionally, shifts in environmental policies and energy transitions may further influence the market landscape and competition among countries in Europe.
Top countries in Additives and Oxygenates (Excluding Biofuel Portion) Opening Stock Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 71.16 | 2023 | +6.69% | +7.75% | View data |
| 2 | 2 Italy | 21.22 | 2023 | +11.63% | -0.79% | View data |
| 3 | 3 Portugal | 8.56 | 2023 | +14.06% | -1.03% | View data |
| 4 | 4 Romania | 7.34 | 2023 | +2.8% | View data | |
| 5 | 5 Poland | 6.02 | 2023 | +4.62% | View data | |
| 6 | 6 Greece | 5.6 | 2023 | +2.33% | -1.33% | View data |
| 7 | 7 France | 3.83 | 2023 | -0.0068% | -0.35% | View data |
| 8 | 8 Spain | 2.86 | 2023 | 0% | +61.54% | View data |
| 9 | 9 Lithuania | 2.23 | 2023 | +2.38% | +11.46% | View data |
| 10 | 10 Czech Republic | 1.3 | 2023 | +25% | +10.76% | View data |
