The 2023 data reveals Germany and the Netherlands dominate the European additives and oxygenates market, with Germany experiencing a 4.47% decline. Italy also saw a significant drop at 9.33%. Romania showed impressive growth at 10.82%, and Slovakia saw a significant increase of 40.14%. Conversely, Spain ended in negative consumption growth. Over a five-year period, the average compound annual growth rate would highlight more nuanced trends.
Future trends to watch include Germany's continued dominance and potential growth in Eastern European markets like Romania and Slovakia. Additionally, the potential recovery or decline in countries like Norway and Italy is crucial for the industry's evolution.
Top countries in Additives and Oxygenates (Excluding Biofuel Portion) Gross Inland Consumption by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 46,290 | 2023 | -1.66% | -4.47% | View data |
| 2 | 2 Netherlands | 35,020 | 2023 | +8.11% | -1.15% | View data |
| 3 | 3 Romania | 11,980 | 2023 | +4.28% | +10.82% | View data |
| 4 | 4 Italy | 11,700 | 2023 | +3.38% | -9.33% | View data |
| 5 | 5 France | 9,010 | 2023 | +2.87% | +1.05% | View data |
| 6 | 6 Greece | 6,560 | 2023 | +0.97% | -3.26% | View data |
| 7 | 7 Czech Republic | 3,590 | 2023 | +25.93% | View data | |
| 8 | 8 Portugal | 3,420 | 2023 | +10.93% | -0.12% | View data |
| 9 | 9 Lithuania | 3,110 | 2023 | +0.093% | +5.56% | View data |
| 10 | 10 Poland | 3,050 | 2023 | +3.6% | -1.43% | View data |
