In 2023, Belgium dominated Europe's production of diols, polyalcohols, and cyclical alcohols, contributing the highest share at 45.74%, despite a slight decline of 0.55% from the previous year. Germany followed with 29.09%, witnessing a 1.77% reduction. Conversely, Spain saw a remarkable increase of 8.52%, reaching 13.63%. Finland, though smaller in production, marked a positive growth of 2.27%, while Italy decreased by 4.47%. Lithuania enjoyed growth, while significant declines were observed in Denmark and Sweden. The United Kingdom, France, and Slovakia maintained lower shares with mixed performance.
Future trends suggest potential shifts as emerging markets in Eastern Europe like Lithuania and Serbia continue to grow, posing competition to established production leaders. Moreover, technological advancements and sustainability practices may heavily influence production efficiency and regional market shares.
Top countries in Sold Production of Diols, Polyalcohols and Cyclical Alcohols Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 45.74 | 2023 | +2.56% | -0.55% | View data |
| 2 | 2 Germany | 29.09 | 2023 | +13.54% | -1.77% | View data |
| 3 | 3 Spain | 13.63 | 2023 | +5.32% | +8.52% | View data |
| 4 | 4 Finland | 2.81 | 2023 | +8.13% | +2.27% | View data |
| 5 | 5 Italy | 2.74 | 2023 | +5.1% | -4.47% | View data |
| 6 | 6 Lithuania | 1.26 | 2023 | +4.37% | +4.53% | View data |
| 7 | 7 Czechia | 1.24 | 2023 | |||
| 8 | 8 United Kingdom | 0.82 | 2023 | +4.68% | -1.31% | View data |
| 9 | 9 France | 0.71 | 2023 | +4.36% | View data | |
| 10 | 10 Slovakia | 0.4 | 2023 | +2.95% | +3.43% | View data |
