In 2023, Spain led European petroleum coke final consumption in industry with 23.19 thousand tonnes of oil equivalent, despite a 1.19% decrease from the previous year. Italy followed with 17.54 thousand tonnes, showing a 7.58% increase. Notable growth was observed in Macedonia (29.22%) and Bosnia and Herzegovina (50.76%). Conversely, Germany's consumption declined by 6.81%, and Cyprus experienced a substantial drop of 31.43%. Over the last five years, the region has seen mixed trends, with some countries like Macedonia showing significant positive changes, while others like Germany faced declines.
Future trends to watch include Italy's continued growth potential in the petroleum coke sector, driven by industrial demand. The United Kingdom's increasing consumption, which rose by 11.32% in 2023, could indicate a shifting energy strategy. Monitoring industrial policy changes across Germany might offer insights into its declining consumption. Overall, technological advancements and environmental regulations will shape the industry dynamics in the coming years.
Top countries in Petroleum Coke Final Consumption in Industry Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 23.19 | 2023 | +3.95% | -1.19% | View data |
| 2 | 2 Italy | 17.54 | 2023 | -0.78% | +7.58% | View data |
| 3 | 3 Greece | 8.84 | 2023 | +7.35% | +3.43% | View data |
| 4 | 4 France | 6.65 | 2023 | -5.09% | -3.72% | View data |
| 5 | 5 Bulgaria | 5.72 | 2023 | +7.52% | +0.27% | View data |
| 6 | 6 Romania | 4.9 | 2023 | +1.61% | -2.82% | View data |
| 7 | 7 Portugal | 4.43 | 2023 | +0.79% | -2.13% | View data |
| 8 | 8 Serbia | 3.48 | 2023 | +14.03% | +4.26% | View data |
| 9 | 9 United Kingdom | 3.34 | 2023 | +0.94% | +11.32% | View data |
| 10 | 10 Denmark | 3.16 | 2023 | +0.37% | +0.44% | View data |
