In 2023, Germany led in European surface production of solid fossil fuels with a share of 35.55%, despite a year-on-year decline of 5.87%. Poland followed with 14.79%, experiencing a 2.69% decrease. Greece saw the steepest decline at 10.9%, while Montenegro's production marginally increased by 1.0%. Other countries like Serbia and Bulgaria showed slight increases of 0.61% and 0.18%, respectively. Central European countries sustain notable shares, with overall decreases over the last year. The compounded annual growth rates over five years indicate a trend toward declining production, reflecting broader European energy transition efforts.
Future trends to watch include:
- The transition toward renewable energy sources, potentially reducing reliance on fossil fuels.
- Policy-driven initiatives to lower carbon emissions, impacting production levels across Europe.
- Technological advancements aimed at increasing efficiency and reducing the environmental impact of fossil fuel extraction.
Top countries in Surface Production of Solid Fossil Fuels Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 35.55 | 2023 | -1.56% | -5.87% | View data |
| 2 | 2 Poland | 14.79 | 2023 | -1.18% | -2.69% | View data |
| 3 | 3 Serbia | 11.1 | 2023 | +2.74% | +0.61% | View data |
| 4 | 4 Czech Republic | 10.53 | 2023 | +3.23% | -1.32% | View data |
| 5 | 5 Bulgaria | 8.82 | 2023 | +4.59% | +0.18% | View data |
| 6 | 6 Romania | 6.15 | 2023 | +6.67% | -1.67% | View data |
| 7 | 7 Greece | 5.93 | 2023 | -7.56% | -10.9% | View data |
| 8 | 8 Bosnia and Herzegovina | 3.47 | 2023 | +1.42% | -0.39% | View data |
| 9 | 9 Hungary | 1.93 | 2023 | -0.7% | -3.36% | View data |
| 10 | 10 Macedonia | 1.18 | 2023 | -4.38% | -3.97% | View data |