The 2023 data for European Bitumen Opening Stock reveals that Italy led with the highest stock levels, followed by Germany and France. In contrast, Bulgaria had the smallest stock. Year-on-year changes illustrated growth in Italy, Sweden, Greece, Austria, Ukraine, Lithuania, Hungary, Cyprus, Moldova, and Serbia. Significant decreases occurred in Germany, France, Spain, Belgium, Netherlands, and Latvia. Over a five-year period, various countries showed mixed Compound Annual Growth Rate results, indicating diverse bitumen market dynamics across Europe.
Future trends in European Bitumen Opening Stock could include continued growth in Italy, Greece, and Hungary driven by infrastructure expansion, while countries like Belgium and the Netherlands may witness further declines due to shifting energy policies prioritizing sustainability. Innovations in road construction and repair, alongside governmental regulations, will also play roles in shaping these trends.
Top countries in Bitumen Opening Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 449.01 | 2023 | +5.44% | +2.03% | View data |
| 2 | 2 Germany | 197 | 2023 | 0% | -4.42% | View data |
| 3 | 3 France | 101.98 | 2023 | -0.16% | -3.68% | View data |
| 4 | 4 Sweden | 84.99 | 2023 | +1.58% | +6.17% | View data |
| 5 | 5 United Kingdom | 77 | 2023 | -3.75% | -0.76% | View data |
| 6 | 6 Greece | 72.79 | 2023 | +4.49% | +3.09% | View data |
| 7 | 7 Spain | 32 | 2023 | -3.03% | -6.59% | View data |
| 8 | 8 Austria | 31.2 | 2023 | +17.63% | +37.34% | View data |
| 9 | 9 Czech Republic | 22 | 2023 | +4.76% | -0.89% | View data |
| 10 | 10 Croatia | 19.9 | 2023 | +1.02% | View data |
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