The distribution of Europe's industrial gases export market in 2023 shows Belgium and Hungary leading with modest growth rates. Despite Belgium's small growth, France faces a significant decline. Notable year-on-year increases are seen in countries like Estonia and Lithuania, while Ireland and Finland have experienced exceptional growth. Conversely, Portugal and Cyprus have negatively impacted the overall export landscape with double-digit drops.
Future trends to monitor include the potential strategic movement by Western European countries like Germany and France to recapture market share, and the opportunity for Central and Eastern Europe, especially Estonia and Latvia, to capitalize on their rapid growth momentum in the industrial gas sector.
Top countries in Export of Industrial Gases Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 14.77 | 2023 | +3.58% | +0.93% | View data |
| 2 | 2 Hungary | 14.52 | 2023 | +1.86% | +2.34% | View data |
| 3 | 3 France | 12.7 | 2023 | -0.14% | -15.03% | View data |
| 4 | 4 Germany | 7.57 | 2023 | +8.52% | +1.36% | View data |
| 5 | 5 Austria | 6.89 | 2023 | +3.71% | +3.03% | View data |
| 6 | 6 Poland | 6.83 | 2023 | +2.91% | +2.74% | View data |
| 7 | 7 Czechia | 6.62 | 2023 | |||
| 8 | 8 Spain | 5.69 | 2023 | +4.37% | +0.72% | View data |
| 9 | 9 Lithuania | 4.32 | 2023 | +4.35% | +8.13% | View data |
| 10 | 10 Netherlands | 3.82 | 2023 | -15.34% | -2.93% | View data |