In 2023, Italy led European bitumen closing stock share with 34.27 thousand metric tons despite a minor decrease of 1.63%. Germany and the UK followed with stocks of 17.08 and 7.97 thousand metric tons, respectively, each showing slight increases. Austria and Romania exhibited strong growth at 50.43% and 17.83%. Conversely, France and Sweden faced notable reductions of 5.6% and 5.45%. Cyprus experienced a substantial decrease at 10.32%, while Poland saw a 9.78% decline.
Future trends to watch include substantial variations in countries with emerging infrastructure projects contributing to fluctuations in their bitumen stocks. Countries such as Austria and Romania may continue to be focal points for growth, while those with decreasing trends may necessitate strategic adjustments to stabilize stock levels.
Top countries in Bitumen Closing Stock Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 34.27 | 2023 | +10.26% | -1.63% | View data |
| 2 | 2 Germany | 17.08 | 2023 | +2.46% | +0.19% | View data |
| 3 | 3 United Kingdom | 7.97 | 2023 | -2.02% | +0.85% | View data |
| 4 | 4 France | 6.83 | 2023 | -3.6% | -5.6% | View data |
| 5 | 5 Greece | 6.49 | 2023 | +13.96% | +2.66% | View data |
| 6 | 6 Sweden | 5.04 | 2023 | +1.26% | -5.45% | View data |
| 7 | 7 Austria | 4.23 | 2023 | +17.85% | +50.43% | View data |
| 8 | 8 Spain | 3.49 | 2023 | +0.88% | +3.96% | View data |
| 9 | 9 Belgium | 2.53 | 2023 | -4.35% | +8.38% | View data |
| 10 | 10 Czech Republic | 1.64 | 2023 | 0% | -3.58% | View data |