In 2023, Germany led the European production of coke and refined petroleum products, although it experienced a slight decrease of 0.6%. Italy and Spain showed modest growth with year-on-year variations of 0.081% and 0.25%, respectively. Among others, Belgium encountered the most significant decline at -1.87%. Estonia registered the highest increase at 1.29%, albeit from a smaller baseline. While Finland and Lithuania exhibited positive trends, countries like the Netherlands and Austria faced contractions. Overall, the sector experienced mixed signals with variances indicating diverse influences across the region.
Looking forward, factors such as energy transition policies, geopolitical tensions, and technological innovations will significantly impact future trends in European coke and refined petroleum production. A shift towards sustainable energy sources and changes in regulatory frameworks could alter the industry's landscape. Additionally, supply chain dynamics and global demand fluctuations will continue to play crucial roles in shaping country-specific performances.
Top countries in Production of Coke and Refined Petroleum Products Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 22.82 | 2023 | -0.21% | -0.6% | View data |
| 2 | 2 Italy | 20.28 | 2023 | +0.43% | +0.081% | View data |
| 3 | 3 Spain | 17.07 | 2023 | +1.49% | +0.25% | View data |
| 4 | 4 Netherlands | 11.97 | 2023 | +1% | -0.19% | View data |
| 5 | 5 Belgium | 11.35 | 2023 | +0.3% | -1.87% | View data |
| 6 | 6 Greece | 6.59 | 2023 | +1.63% | -0.35% | View data |
| 7 | 7 Finland | 4.01 | 2023 | +1.61% | +0.083% | View data |
| 8 | 8 Austria | 2.51 | 2023 | +1.45% | -0.31% | View data |
| 9 | 9 Lithuania | 2.02 | 2023 | +1.5% | +0.48% | View data |
| 10 | 10 Slovakia | 1.45 | 2023 | +1.38% | -0.37% | View data |
