The analysis of European Refined Products Hours Worked by Country reveals significant disparities across different regions in 2023. Poland leads with the highest hours worked, showcasing a substantial value compared to its peers. Notably, Austria and Norway exhibit impressive growth rates, indicating increased industrial activity. In contrast, countries like Bulgaria, Portugal, and Estonia have observed a decline, reflecting challenges or reduced production activities.
Future trends to watch include:
- The continued growth in Poland and Austria, potentially driven by increased investments and favorable economic conditions.
- Persistent declines in Bulgaria and Portugal may signal structural issues or shifts to more efficient technologies.
- Norway's rapid growth might suggest emerging opportunities in refining sectors or related industries.
Top countries in Refined Products Hours Worked by Country
| # | 10 Countries | Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 40,214,000 | 2023 | +4.76% | +5.26% | View data |
| 2 | 2 Belgium | 10,774,000 | 2023 | +2.35% | +2.86% | View data |
| 3 | 3 Greece | 9,339,200 | 2023 | +1.32% | +0.78% | View data |
| 4 | 4 Netherlands | 8,896,300 | 2023 | -0.82% | -1.36% | View data |
| 5 | 5 Austria | 5,271,200 | 2023 | +9.9% | +11.72% | View data |
| 6 | 6 Bulgaria | 3,745,100 | 2023 | -3.69% | -3.72% | View data |
| 7 | 7 Portugal | 2,874,000 | 2023 | -1.92% | -1.69% | View data |
| 8 | 8 Estonia | 2,296,100 | 2023 | +1.44% | -0.39% | View data |
| 9 | 9 Norway | 1,075,000 | 2023 | +7.64% | +13.79% | View data |
| 10 | 10 Latvia | 39,070 | 2023 | +15.61% | -3.11% | View data |
