The European bitumen market's opening stock shares depict a significant concentration in Italy, which stands out with a substantial share, while Germany and France follow but have shown negative year-on-year growth in 2023. Sweden exhibited robust growth, whereas countries like Spain, Belgium, and the Netherlands experienced declines. Austria recorded an exceptional increase. Analyzing the cumulative annual growth rate over five years reveals dynamic shifts with notable spikes in countries like Austria and Hungary, while others remain stable or contract.
Future trends to monitor include the impact of infrastructure developments across Europe influencing bitumen demand, the role of sustainability and alternative materials on stock levels, and potential geopolitical factors affecting supply chains.
Top countries in Bitumen Opening Stock Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 37.31 | 2023 | +5.44% | +2.03% | View data |
| 2 | 2 Germany | 16.37 | 2023 | 0% | -4.42% | View data |
| 3 | 3 France | 8.47 | 2023 | -0.16% | -3.68% | View data |
| 4 | 4 Sweden | 7.06 | 2023 | +1.58% | +6.17% | View data |
| 5 | 5 United Kingdom | 6.4 | 2023 | -3.75% | -0.76% | View data |
| 6 | 6 Greece | 6.05 | 2023 | +4.49% | +3.09% | View data |
| 7 | 7 Spain | 2.66 | 2023 | -3.03% | -6.59% | View data |
| 8 | 8 Austria | 2.59 | 2023 | +17.63% | +37.34% | View data |
| 9 | 9 Czech Republic | 1.83 | 2023 | +4.76% | -0.89% | View data |
| 10 | 10 Croatia | 1.65 | 2023 | +1.02% | View data |
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