In 2023, Ukraine led the European fossil energy recycled products market with a substantial increase of 42.72% in value, followed by the Netherlands and Germany, both showing positive variations of 8.54% and 0.27% respectively. Poland and Cyprus experienced declines of 3.61% and 5.58%. The higher contributors like Bulgaria and Latvia saw modest growths, while Baltic regions like Lithuania demonstrated notable expansion with 8.45% growth. France and Czech Republic had small contractions, whereas Belgium and Finland showed steady improvements. Greece and Sweden maintained stable figures without variations.
Future trends to watch include increased adoption of sustainable energy practices across Europe, potentially elevating the contributions of countries like Latvia and Lithuania. Transition strategies in key players like Ukraine and the Netherlands will shape the market's trajectory. Additionally, geopolitical and economic shifts might influence energy policies, affecting production and consumption patterns.
Top countries in Fossil Energy Recycled Products by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 6,360 | 2023 | +25.01% | +42.72% | View data |
| 2 | 2 Netherlands | 5,790 | 2023 | +5.15% | +8.54% | View data |
| 3 | 3 Germany | 5,600 | 2023 | +0.76% | +0.27% | View data |
| 4 | 4 Poland | 3,320 | 2023 | -1.01% | -3.61% | View data |
| 5 | 5 Bulgaria | 2,940 | 2023 | +10.94% | +2.55% | View data |
| 6 | 6 Czech Republic | 1,280 | 2023 | +7.91% | -4.28% | View data |
| 7 | 7 France | 1,000 | 2023 | -12.84% | -2.67% | View data |
| 8 | 8 Belgium | 902.01 | 2023 | +3.59% | +4.75% | View data |
| 9 | 9 Finland | 606.35 | 2023 | +2.56% | +0.74% | View data |
| 10 | 10 Greece | 172.24 | 2023 | +2.31% | View data |
