In 2023, Bulgaria showed a strong upward trend with a 6.34% increase in petroleum coke consumption within its chemical and petrochemical sectors, reaching 12.89 thousand terajoules. Ireland and France saw slight downturns, with changes of -0.92% and 0.67%, positioning at 0.39244 and 0.23132 thousand terajoules, respectively. Meanwhile, Albania’s consumption modestly grew by 1.56%, marking 0.01034 thousand terajoules. In stark contrast, Germany and Sweden experienced significant declines of -66.61% and -76.99%, seeing their values drop to 0.00239 and 0.00021 thousand terajoules, respectively.
Future trends to watch in the European petroleum coke market include potential regulatory changes focused on emissions reduction which may impact consumption patterns. Additionally, technological advancements in chemical processes could alter demand dynamics significantly. Economic factors, such as changes in feedstock prices and market demand, will also play crucial roles in shaping future trends across various European countries.
Top countries in Petroleum Coke Final Consumption in Chemical and Petrochemical Sectors by Country
| # | 6 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 12,890 | 2023 | +20.81% | +6.34% | View data |
| 2 | 2 Ireland | 392.44 | 2023 | +12.2% | -0.92% | View data |
| 3 | 3 France | 231.32 | 2023 | +15.49% | +0.67% | View data |
| 4 | 4 Albania | 10.34 | 2023 | +6.67% | +1.56% | View data |
| 5 | 5 Germany | 2.39 | 2023 | -0.17% | -66.61% | View data |
| 6 | 6 Sweden | 0.21 | 2023 | +96.19% | -76.99% | View data |
