In 2023, the Netherlands led European exports of additives and oxygenates (excluding biofuel) with a significant value, followed by Italy, which experienced a remarkable 66.81% increase. France and Greece also showed positive growth, with increases of 12.21% and 9.52% respectively. Conversely, Romania and Serbia saw declines in their exports. Hungary and Spain remained stable, while Lithuania experienced a minor decrease. Over the last five years, the compound annual growth rate points to variations across countries, emphasizing strong performances in some and contractions in others.
Looking forward, key trends include potential increases in European exports driven by advancements in additive technologies and growing demand for cleaner fuel alternatives. Monitoring environmental regulations and technological innovations will be essential in shaping future export dynamics within the region.
Top countries in Additives and Oxygenates (Excluding Biofuel Portion) Exports by Country
| # | 9 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 9,230 | 2023 | -0.51% | +12.35% | View data |
| 2 | 2 Italy | 5,830 | 2023 | +60.7% | +66.81% | View data |
| 3 | 3 France | 689.43 | 2023 | +12.21% | +12.21% | View data |
| 4 | 4 Greece | 239.58 | 2023 | +28.29% | +9.52% | View data |
| 5 | 5 Romania | 212.34 | 2023 | +2.67% | -7.98% | View data |
| 6 | 6 Serbia | 83.44 | 2023 | +0.3% | -7.14% | View data |
| 7 | 7 Hungary | 26.78 | 2023 | +3.47% | View data | |
| 8 | 8 Spain | 22.19 | 2023 | +21.22% | View data | |
| 9 | 9 Lithuania | 3.46 | 2023 | +30.32% | -0.16% | View data |
