The European Chemical Turnover Index highlights Latvia as the top performer, with Lithuania, Macedonia, and Romania also showing strong values. Hungary, Germany, and France have the lowest indices, noting lesser growth or diversification. Recent year-on-year variations reveal Latvia experiencing the highest surge, while Hungary lagged with a slight decrease. Over the past five years, Latvia again demonstrates robust compound annual growth, pointing to potential resilience or a volatile recovery pattern post-2023.
Future trends suggest a focus on shifts in energy policies and sustainability might greatly impact these indices. Furthermore, geopolitical tensions and regulatory changes are significant factors to watch as they could redefine trade dynamics and growth prospects among European countries.
Top countries in Chemical Turnover Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Latvia | 277.4 | 2022 | +16.65% | +18.62% | View data |
| 2 | 2 Macedonia | 235.6 | 2022 | +24% | +14.58% | View data |
| 3 | 3 Lithuania | 223.4 | 2022 | +4.88% | +17.92% | View data |
| 4 | 4 Romania | 210.6 | 2022 | +14.33% | +13.42% | View data |
| 5 | 5 Poland | 204.7 | 2022 | +39.44% | +14.37% | View data |
| 6 | 6 Greece | 187.1 | 2022 | +33.07% | +12.25% | View data |
| 7 | 7 Norway | 173.5 | 2022 | +35.76% | +11.43% | View data |
| 8 | 8 Belgium | 167.3 | 2022 | +24.02% | +9.68% | View data |
| 9 | 9 Denmark | 157.6 | 2022 | +25.58% | +6.79% | View data |
| 10 | 10 Czech Republic | 154.7 | 2022 | +23.86% | +7.67% | View data |