In 2024, Germany continues to lead the European Value Added of Coke and Refined Petroleum Products with 4.67 billion euros, followed by Spain at 3.98 billion euros. Italy and Belgium are closely matched at 1.77 and 1.75 billion euros, respectively, while the Netherlands holds 1.41 billion euros. Countries like Austria, Finland, and Greece display moderate contributions ranging from 1.14 to 0.485 billion euros. Lithuania, Estonia, and Slovenia exhibit the lowest values, with Slovenia almost negligible.
In 2023, Germany saw a slight increase of 0.76%, while Spain experienced a larger rise of 2.92%. Belgium showed significant growth at 6.11%, whereas Italy and the Netherlands remained stagnant. Austria and Finland saw modest growths of 1.61% and 3.27%, respectively. Conversely, Greece, Lithuania, and Estonia faced declines, particularly Greece with -8.74%. Slovenia exhibited the most dramatic decrease at -27.52%.
Future trends worth watching include the potential stabilization of Greece’s significant downturn and Belgium’s strong growth trajectory. The impacts of geopolitical shifts, sustainability initiatives, and economic policies will also play crucial roles in shaping the landscape of Europe’s value added in Coke and Refined Petroleum Products.
Top countries in Value Added of Coke and Refined Petroleum Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,670 | 2023 | +0.21% | +0.76% | View data |
| 2 | 2 Spain | 3,980 | 2023 | +2.5% | +2.92% | View data |
| 3 | 3 Italy | 1,770 | 2023 | -2.65% | View data | |
| 4 | 4 Belgium | 1,750 | 2023 | +1.29% | +6.11% | View data |
| 5 | 5 Netherlands | 1,410 | 2023 | +1.51% | View data | |
| 6 | 6 Austria | 1,140 | 2023 | +4.28% | +1.61% | View data |
| 7 | 7 Finland | 862 | 2023 | +1.77% | +3.27% | View data |
| 8 | 8 Greece | 485.26 | 2023 | -4.32% | -8.74% | View data |
| 9 | 9 Lithuania | 304.6 | 2023 | -0.68% | -1.11% | View data |
| 10 | 10 Estonia | 75.1 | 2023 | 0% | -1.06% | View data |
