In 2023, Ukraine led European charcoal exports with a dominant share of 64.17 thousand tonnes of oil equivalent, showcasing a modest annual increase of 3.64%. Germany followed, with its exports growing by 4.33% to reach 12.06. Croatia exhibited a significant rise of 15.98%, totaling 6.15. Meanwhile, Bosnia and Herzegovina saw a slight decrease, down by 2.9% to 5.71, and Latvia experienced a 4.22% drop, falling to 4.23. Notably, Italy's exports surged by 37.78%, despite having a smaller base of 0.55.
Future trends to watch:
- The steady growth in Ukrainian and German exports may continue, driven by technological innovation and strategic partnerships.
- Croatia and Bulgaria's significant growth rates might suggest potential market expansion if sustained investments and favorable policies persist.
- Italy’s large percentage increase might hint at a focus on scaling up production or expanding market reach.
- Watch for potential changes in export patterns due to evolving environmental regulations and sustainable energy initiatives across Europe.
Top countries in Charcoal Exports Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 64.17 | 2023 | +4.02% | +3.64% | View data |
| 2 | 2 Germany | 12.06 | 2023 | +4.97% | +4.33% | View data |
| 3 | 3 Croatia | 6.15 | 2023 | +11.23% | +15.98% | View data |
| 4 | 4 Bosnia and Herzegovina | 5.71 | 2023 | -3.22% | -2.9% | View data |
| 5 | 5 Latvia | 4.23 | 2023 | +8% | -4.22% | View data |
| 6 | 6 Serbia | 3.32 | 2023 | +2.82% | -4.62% | View data |
| 7 | 7 Bulgaria | 1.11 | 2023 | +10.05% | +14.87% | View data |
| 8 | 8 Lithuania | 1.03 | 2023 | +2.83% | -3.81% | View data |
| 9 | 9 Norway | 0.88 | 2023 | +3.14% | -2.42% | View data |
| 10 | 10 Austria | 0.78 | 2023 | +6.36% | +3.45% | View data |
