In 2023, Belgium led the European production of ethylene glycol with sold production reaching 587.08 million kilograms. Spain followed with 44.106 million kilograms, while the United Kingdom produced 5.9877 million kilograms. France and Denmark lagged significantly, with production at 0.10113 and 0.07196 million kilograms, respectively. The United Kingdom experienced a slight year-on-year decrease of 0.86% from 2022 to 2023, whereas Denmark saw a substantial decrease of 11.36% in the same period. Averaging the variations over the last five years, Belgium demonstrated the most consistent and robust production growth across Europe.
Future trends to watch for in the European sold production of ethylene glycol include:
- Potential shifts in production capabilities and market shares due to technological advancements and increasing demand for sustainable production processes.
- Impact of regulatory changes and environmental considerations on production volumes in different countries.
- Growth opportunities in emerging markets and their effect on traditional European producers.
- Influence of global economic conditions and trade policies on production and export capacities in Europe.
Top countries in Sold Production of Ethylene Glycol by Country
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 587,080,000 | 2021 | +7.9% | View data | |
| 2 | 2 Spain | 44,106,000 | 2021 | +150.7% | -13.8% | View data |
| 3 | 3 United Kingdom | 5,987,700 | 2023 | +2.27% | -0.86% | View data |
| 4 | 4 France | 101,130 | 2021 | +0.67% | View data | |
| 5 | 5 Denmark | 71,960 | 2023 | -4.91% | -11.36% | View data |
