The 2024 data for European blended biodiesels opening stock reveals notable variances in stock levels among countries. France leads with 588 thousand metric tons, with moderate year-on-year growth of 0.21% from 2023. Sweden, with 244.92 thousand metric tons, has seen significant growth at 59.13%. The United Kingdom and Spain had increases of 12.47% and 43.57%, reaching 63 and 61 thousand metric tons, respectively. Other countries like Austria, Hungary, and Czech Republic experienced moderate growth, while Greece saw a slight decline. Luxembourg and Croatia recorded minimal changes, maintaining relatively low stocks.
Future trends to watch in the European blended biodiesels market include the potential for increased production capacity and government incentives to drive growth, which could further increase opening stocks. Countries with high growth rates like Sweden and Spain may continue to lead the way. Environmental policies and technological advancements in biofuel production are key factors that could significantly impact stock levels across Europe.
Top countries in Blended Biodiesels Opening Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 588 | 2023 | +0.68% | +0.21% | View data |
| 2 | 2 Sweden | 244.92 | 2023 | +31.36% | +59.13% | View data |
| 3 | 3 United Kingdom | 63 | 2023 | +5% | +12.47% | View data |
| 4 | 4 Spain | 61 | 2023 | +15.09% | +43.57% | View data |
| 5 | 5 Austria | 46.23 | 2023 | +5.63% | +20.94% | View data |
| 6 | 6 Hungary | 22 | 2023 | 0% | +1.92% | View data |
| 7 | 7 Czech Republic | 22 | 2023 | 0% | +9.46% | View data |
| 8 | 8 Greece | 6.54 | 2023 | +2.78% | -1.32% | View data |
| 9 | 9 Luxembourg | 4.2 | 2023 | +2.77% | +0.61% | View data |
| 10 | 10 Croatia | 3.91 | 2023 | +2.62% | View data |
