In 2023, the Czech Republic led European coal tar imports with 10.01 thousand terajoules, seeing a modest growth of 0.11%. Belgium followed with 8.44 thousand terajoules, though it experienced a decline of 2.16%. Hungary, witnessing substantial growth of 64.73%, imported 0.461 thousand terajoules. Smaller importers included Austria, with 0.03976 thousand terajoules, experiencing a 31.15% increase, and Poland, declining by 14.09%, importing 0.02746 thousand terajoules. Italy and Serbia, with respective imports of 0.01149 and 0.0037 thousand terajoules, experienced no growth and substantial growth at 87.4%, respectively. The five-year CAGR analysis underscores Hungary's and Serbia's impressive growth trajectories.
Looking forward, European coal tar imports are expected to diversify due to geopolitical factors and environmental policy shifts. Monitoring how these factors influence each country's import strategy, particularly those heavily dependent on coal-derived products, will provide crucial insights into future market dynamics.
Top countries in Coal Tar Imports by Country
| # | 7 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 10,010 | 2023 | +5.07% | +0.11% | View data |
| 2 | 2 Belgium | 8,440 | 2023 | +2.1% | -2.16% | View data |
| 3 | 3 Hungary | 461 | 2023 | +8.22% | +64.73% | View data |
| 4 | 4 Austria | 39.76 | 2023 | +58.87% | +31.15% | View data |
| 5 | 5 Poland | 27.46 | 2023 | -0.011% | -14.09% | View data |
| 6 | 6 Italy | 11.49 | 2023 | +4.24% | View data | |
| 7 | 7 Serbia | 3.7 | 2023 | +3.67% | +87.4% | View data |
