In 2023, Italy led European sold production of carbon dioxide and other inorganic oxygen compounds of non-metals, recording a significant increase of 25.88% from the previous year. Germany and Spain followed, each experiencing modest growth. France saw an 8.44% rise, contributing to the overall expansion of the sector. The remaining European countries showed various growth rates; Austria and Belgium posted noticeable increases, while Hungary and Bosnia and Herzegovina faced declines. Sweden recorded the least output. Over the last five years, the sector's compound annual growth rate reflects a healthy upward trend across major producers.
Future trends to watch include the adoption of cleaner technologies and stricter environmental regulations, likely driving increased demand for carbon dioxide capture and utilization. Italy and Germany are expected to maintain their lead, but innovation and investment in sustainable practices throughout Europe could reshape the competitive landscape significantly. The response to climate change policies and energy transitions will be critical elements influencing the market dynamics in this sector.
Top countries in Sold Production of Carbon Dioxide and Other Inorganic Oxygen Compounds of Non-Metals by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 167,200,000 | 2023 | +12.56% | +25.88% | View data |
| 2 | 2 Germany | 108,360,000 | 2023 | -5.35% | +1.58% | View data |
| 3 | 3 Spain | 94,421,000 | 2023 | +9.08% | +2.97% | View data |
| 4 | 4 France | 88,244,000 | 2023 | -8.94% | +8.44% | View data |
| 5 | 5 Belgium | 83,393,000 | 2023 | +10.9% | +2.05% | View data |
| 6 | 6 Netherlands | 75,017,000 | 2023 | +5.9% | +6.1% | View data |
| 7 | 7 Finland | 41,634,000 | 2023 | +2.25% | +1.81% | View data |
| 8 | 8 Poland | 33,108,000 | 2023 | +2.71% | +4.19% | View data |
| 9 | 9 United Kingdom | 30,109,000 | 2023 | +2.94% | +3.25% | View data |
| 10 | 10 Denmark | 18,421,000 | 2023 | +5.62% | +5.66% | View data |
