In 2023, Hungary led European bioethanol exports with 31.54 thousand metric tons, an increase of 4.9% from the previous year. Belgium followed with 19.55 thousand metric tons, up 11.31%. Spain, Sweden, and Germany exported 12.78, 9.17, and 8.72 thousand metric tons respectively, showing moderate growth. France saw a significant decline of 13.54% to 7.19 thousand metric tons. The UK and Latvia experienced the steepest declines, at -21.1% and -42.37% respectively. The Czech Republic, Ukraine, Lithuania, and Poland noted considerable growth rates, emphasizing emerging export potential in these countries.
Future trends to watch include:
- Potential for increased exports from smaller markets like the Czech Republic, Ukraine, Lithuania, and Poland due to their high growth rates.
- The impact of policy changes in major economies like France and the UK which have seen declines.
- Advancements in bioethanol production technologies and sustainability practices.
- Market dynamics affected by geopolitical events, particularly in Eastern Europe.
Top countries in Exports of Bioethanol Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 31.54 | 2023 | +9.41% | +4.9% | View data |
| 2 | 2 Belgium | 19.55 | 2023 | +4.75% | +11.31% | View data |
| 3 | 3 Spain | 12.78 | 2023 | +2.57% | +4.84% | View data |
| 4 | 4 Sweden | 9.17 | 2023 | +2.81% | +2.69% | View data |
| 5 | 5 Germany | 8.72 | 2023 | +9.35% | +2.55% | View data |
| 6 | 6 France | 7.19 | 2023 | +1.53% | -13.54% | View data |
| 7 | 7 Austria | 6.93 | 2023 | +6.25% | +2.01% | View data |
| 8 | 8 United Kingdom | 1.84 | 2023 | -13.66% | -21.1% | View data |
| 9 | 9 Czech Republic | 1.12 | 2023 | +9.07% | +44.71% | View data |
| 10 | 10 Ukraine | 0.57 | 2023 | +42.2% | +17.81% | View data |
