In 2023, Sweden led Europe's blended biogasoline stock with 35.78 thousand metric tons, marking a 7.54% increase, highlighting a robust positive trend. France saw a modest decline of 0.89%, placing second. The UK, at 17.78 thousand metric tons, rose by 2.71%. Austria and Hungary reported growth at 4.51% and 11.2%, respectively, reflecting increased activity in stock levels. Smaller markets like Luxembourg showed significant growth, despite lower volumes overall. Greece and Slovenia's stocks remained constant. Over the past five years, compounded annual growth suggests steady market expansion across Europe.
Future trends to watch include potential regulatory influences affecting biogasoline promotion and technological advancements in production processes. The shift towards sustainable energy sources may drive overall market demand, with potential increases in stock levels expected in countries currently displaying robust growth patterns such as Hungary and Luxembourg.
Top countries in Blended Biogasoline Closing Stock Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 35.78 | 2023 | +8.06% | +7.54% | View data |
| 2 | 2 France | 27.63 | 2023 | -1.14% | -0.89% | View data |
| 3 | 3 United Kingdom | 17.78 | 2023 | +3.7% | +2.71% | View data |
| 4 | 4 Austria | 6.4 | 2023 | +5.7% | +4.51% | View data |
| 5 | 5 Hungary | 5.4 | 2023 | +13.33% | +11.2% | View data |
| 6 | 6 Czech Republic | 5.08 | 2023 | +6.67% | +5.92% | View data |
| 7 | 7 Greece | 2.55 | 2023 | +11.12% | View data | |
| 8 | 8 Slovenia | 0.56 | 2023 | +24.74% | View data | |
| 9 | 9 Iceland | 0.46 | 2021 | -58.34% | View data | |
| 10 | 10 Luxembourg | 0.28 | 2023 | +9.01% | +16.36% | View data |
