In 2023, Germany remained the dominant producer of propyl and isopropyl alcohol in Europe, commanding 47.05% of the production value. France followed with 42.27%. The UK saw notable growth at 8.71% year-on-year, raising its share to 7.8%. In contrast, Hungary experienced a significant decline of 16.65% year-on-year. Denmark showed an impressive increase at 19.74%, albeit from a smaller base, while France experienced a slight decline. Over the past five years, Germany has maintained a steady compound annual growth rate, contributing to its stronghold.
Looking ahead, a focus on sustainability, increasing demand for disinfectants, and technological advancements in production are key trends shaping the future landscape. Further growth in countries like the UK and operational efficiencies in Germany and France will be pivotal to sustaining Europe's market leadership.
Top countries in Sold Production of Propyl Alcohol and Isopropyl Alcohol Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 47.05 | 2023 | +4.35% | +5.98% | View data |
| 2 | 2 France | 42.27 | 2023 | +0.57% | -1.99% | View data |
| 3 | 3 United Kingdom | 7.8 | 2023 | +5.22% | +8.71% | View data |
| 4 | 4 Sweden | 1.19 | 2023 | +6.89% | +2.71% | View data |
| 5 | 5 Denmark | 0.92 | 2023 | +12.49% | +19.74% | View data |
| 6 | 6 Spain | 0.88 | 2021 | View data | ||
| 7 | 7 Belgium | 0.75 | 2023 | +1.79% | +6.65% | View data |
| 8 | 8 Italy | 0.11 | 2021 | -23.12% | View data | |
| 9 | 9 Hungary | 0.092 | 2023 | -8.55% | -16.65% | View data |
| 10 | 10 Croatia | 0.006 | 2023 | -3.05% | -6.7% | View data |
