The European Naphtha closing stock variation between 2022 and 2023 reveals diverse trends among countries. The Netherlands saw a growth of 0.32%, Italy experienced a decline of 5.35%, while Germany faced a slight reduction of 1.65%. France saw a modest increase of 1.37%, and Hungary recorded a slight decline of 0.5%. Belgium and Spain had positive growth of 2.77% and 1.03% respectively, and Sweden showed a marginal increase of 0.5%. Greece observed a significant rise of 5.88%, whereas Croatia faced a small decline of 1.41%. Portugal's stock grew by 3.87%, but the United Kingdom's stock dropped significantly by 11.81%. Serbia recorded a substantial increase of 8.49%, and Bulgaria saw a remarkable growth of 26.88%. Other countries such as Finland, Ireland, and Norway had minor to moderate increases, while Slovakia and Bosnia and Herzegovina showed no variation. Notably, Austria's stock fell by 4.17%, Romania experienced a steep decline of 25.9%, and Poland saw a slight decrease of 4.22%.
Examining future trends, it’s crucial to observe how geopolitical dynamics, environmental regulations, and technological advancements in renewable energy impact the Naphtha market. Additionally, economic recovery post-pandemic and infrastructural developments will play pivotal roles in shaping the European Naphtha stock in the upcoming years.
Top countries in Naphtha Closing Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 1,810 | 2023 | +1.86% | +0.32% | View data |
| 2 | 2 Italy | 1,110 | 2023 | +1.61% | -5.35% | View data |
| 3 | 3 Germany | 289 | 2023 | +0.35% | -1.65% | View data |
| 4 | 4 France | 183 | 2023 | +3.39% | +1.37% | View data |
| 5 | 5 Hungary | 157 | 2023 | +1.95% | -0.5% | View data |
| 6 | 6 Belgium | 128.3 | 2023 | 0% | +2.77% | View data |
| 7 | 7 Spain | 123.13 | 2023 | +6.47% | +1.03% | View data |
| 8 | 8 Sweden | 105.33 | 2023 | +0.022% | +0.5% | View data |
| 9 | 9 Greece | 87.42 | 2023 | -0.035% | +5.88% | View data |
| 10 | 10 Croatia | 76 | 2023 | -0.39% | -1.41% | View data |
