The European Bitumen Export market shows Germany as the leading exporter with a 19.74 terajoules share, followed by Italy, Greece, and Spain. Noteworthy changes in 2023 include Latvia with a remarkable 177.38% increase and Bulgaria's 84.22% rise. In contrast, Spain and Italy experienced declines of 10.12% and 1.88%, respectively. Over five years, the market shows consistent growth due to Poland and Lithuania's steady expansion.
Future trends suggest increased competition as countries like Latvia and Lithuania continue to elevate their contributions. Monitoring technological and regulatory advancements in the field is crucial for forecasting potential market shifts and opportunities.
Top countries in Bitumen Exports Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 19.74 | 2023 | +2.49% | +1.25% | View data |
| 2 | 2 Italy | 12.32 | 2023 | +1.21% | -1.88% | View data |
| 3 | 3 Greece | 11.69 | 2023 | +0.42% | +4.45% | View data |
| 4 | 4 Spain | 10.84 | 2023 | +8.25% | -10.12% | View data |
| 5 | 5 Netherlands | 9.99 | 2023 | +0.28% | +13.79% | View data |
| 6 | 6 Sweden | 5.57 | 2023 | +1.96% | +2% | View data |
| 7 | 7 France | 4.67 | 2023 | +5.26% | +1.22% | View data |
| 8 | 8 Poland | 4.55 | 2023 | +0.091% | +6.46% | View data |
| 9 | 9 Czech Republic | 4.18 | 2023 | +7.05% | +2.92% | View data |
| 10 | 10 Hungary | 3.64 | 2023 | +0.81% | +1.97% | View data |
