The European turnover of pipeline transportation reveals significant disparities among countries. As of 2023, Italy led with 4.39 billion Euros, followed by Belgium with 1.1 billion Euros and Poland with 1.04 billion Euros. Greece, Romania, and the Netherlands followed with 0.5656, 0.5145, and 0.1221 billion Euros respectively.
Year-on-year variations highlight diverse trends. Italy saw a minor change of only 0.9%, whereas Belgium experienced substantial growth at 2.5%. Poland, conversely, faced a slight decline of -1.13%. Greece demonstrated strong growth at 8.0%, Romania had a consistent increase of 2.15%, while the Netherlands saw a notable decline of -7.27% over the last two years.
Looking over the past five years, the compound annual growth rate (CAGR) showed that Italy and Belgium have been modestly growing, while Greece has surged. Poland and Romania had relatively stable but low growth, and the Netherlands consistently declined.
Future trends to watch:
• Italy's dominant position, expected to sustain with moderate growth. • Belgium's potential continuous growth driven by infrastructural developments. • Poland's challenges in increasing turnover might need strategic interventions. • Greece's rapid growth could continue, suggesting further investment opportunities. • Romania's consistent but low growth indicating steady yet slow market development. • Netherlands' declining trend calls for reversal strategies to enhance pipeline utilization.
Top countries in Turnover of Pipeline Transportation by Country
| # | 6 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4,390 | 2023 | +3.83% | +4.43% | View data |
| 2 | 2 Belgium | 1,100 | 2023 | +7.61% | +8.42% | View data |
| 3 | 3 Poland | 1,040 | 2023 | +4.01% | -0.46% | View data |
| 4 | 4 Greece | 565.6 | 2023 | +17.52% | +19.03% | View data |
| 5 | 5 Romania | 514.5 | 2023 | +5.93% | +2.4% | View data |
| 6 | 6 Netherlands | 122.1 | 2023 | -10.88% | -8.68% | View data |
