The European market for tar sands and oil shale imports shows varied performance across different countries. Spain maintains the highest imported volume yet sees a decline of 4.62% in 2023. France, Belgium, and Luxembourg experienced significant upticks, with Belgium at an impressive 104.07% increase. Switzerland stands out with a 130.61% rise. Conversely, declines are noted in Portugal, Cyprus, and Hungary, indicating shifts in energy sourcing or consumption patterns. The Compound Annual Growth Rate (CAGR) over the last five years highlights stability with minor fluctuations across the region.
Future trends to watch include potential shifts due to environmental regulations and technological advances, which may influence both the demand for these energy sources and the strategies of countries in optimizing their energy portfolios. Monitoring geopolitical developments and their impact on trade agreements will be critical.
Top countries in Tar Sands and Oil Shale Imports by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 100.45 | 2023 | +3.2% | -4.62% | View data |
| 2 | 2 France | 62.64 | 2023 | +0.41% | +44.19% | View data |
| 3 | 3 United Kingdom | 12.62 | 2023 | +1.33% | +0.81% | View data |
| 4 | 4 Belgium | 12.32 | 2023 | -16.77% | +104.07% | View data |
| 5 | 5 Luxembourg | 9.29 | 2023 | -47.78% | +81.39% | View data |
| 6 | 6 Netherlands | 5.57 | 2023 | +0.54% | View data | |
| 7 | 7 Sweden | 4.75 | 2023 | +15.45% | +64.75% | View data |
| 8 | 8 Latvia | 2.75 | 2023 | +19.49% | +13.6% | View data |
| 9 | 9 Poland | 1.05 | 2023 | +5.63% | View data | |
| 10 | 10 Germany | 0.96 | 2023 | -0.52% | -2.57% | View data |
