European coal tar imports showed varied trends in 2023. The Czech Republic and Belgium experienced declines, with a 0.32% and 2.23% decrease, respectively. Contrastingly, Hungary and Serbia saw significant increases at 65.84% and 87.77%. Austria also experienced growth, rising by 31.15%. Meanwhile, Poland and Italy had more restrained changes, with Poland decreasing by 14.09% and Italy remaining stable.
Ahead, watch for the following trends:
- Continued volatility in coal tar imports due to evolving energy policies and environmental considerations.
- Potentially rising demand in emerging markets in Eastern Europe as industrial production shifts.
- The influence of stricter environmental regulations on the decline of coal-based imports.
Top countries in Coal Tar Imports by Country
| # | 7 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Czech Republic | 2,720 | 2023 | +3.89% | -0.32% | View data |
| 2 | 2 Belgium | 2,340 | 2023 | +1.91% | -2.23% | View data |
| 3 | 3 Hungary | 134.74 | 2023 | +9.74% | +65.84% | View data |
| 4 | 4 Austria | 11.05 | 2023 | +58.88% | +31.15% | View data |
| 5 | 5 Poland | 7.63 | 2023 | -0.013% | -14.09% | View data |
| 6 | 6 Italy | 3.19 | 2023 | +4.24% | View data | |
| 7 | 7 Serbia | 1.03 | 2023 | +3.63% | +87.77% | View data |