In 2023, Spain led European petroleum coke transformation output with 27.07 thousand Gigawatthours, although it experienced a 4.64% decline from the previous year. The United Kingdom and Germany followed with 16.42 and 15.15 thousand Gigawatthours respectively, showing slight year-on-year variations of +0.65% and -0.17%. Belgium saw a significant increase of 22.61%, reaching 9.86 thousand Gigawatthours. Italy and Romania showed modest fluctuations with +3.18% and -0.73% respectively. Other notable changes included a 60.67% rise in Serbia and a -6.88% drop in France.
Future trends to watch include the role of renewable energy policies impacting production output, fluctuations in demand across industrial sectors, and technological advancements in refining processes. Market dynamics such as geopolitical tensions and changes in regulatory frameworks could further influence petroleum coke transformation outputs in Europe.
Top countries in Petroleum Coke Transformation Output by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 27,070 | 2023 | +1.82% | -4.64% | View data |
| 2 | 2 United Kingdom | 16,420 | 2023 | -0.48% | +0.65% | View data |
| 3 | 3 Germany | 15,150 | 2023 | -0.39% | -0.17% | View data |
| 4 | 4 Belgium | 9,860 | 2023 | +7.03% | +22.61% | View data |
| 5 | 5 Italy | 7,880 | 2023 | +0.4% | +3.18% | View data |
| 6 | 6 Romania | 7,700 | 2023 | +2.83% | -0.73% | View data |
| 7 | 7 Norway | 4,660 | 2023 | +1.82% | -0.25% | View data |
| 8 | 8 Greece | 4,610 | 2023 | +2.04% | -2.31% | View data |
| 9 | 9 Netherlands | 4,320 | 2023 | +1.38% | +2.47% | View data |
| 10 | 10 Hungary | 3,070 | 2023 | +2.87% | -0.91% | View data |
