European Petroleum Coke Available for Final Consumption Share by Country (Thousand Tonnes Of Oil Equivalent)

In 2023, Spain leads the European Petroleum Coke Available for Final Consumption with 19.81 thousand tonnes of oil equivalent, followed by Italy at 11.81, and France at 9.64. Despite being the leader, Spain saw a slight decrease of 0.74%; whereas, Italy experienced a notable increase of 5.57%, and France a minor decline of 1.33%. Significant fluctuations were observed in smaller markets, such as Macedonia with a massive 29.6% increase and Bosnia and Herzegovina with a significant 50.25% surge. Conversely, Cyprus recorded a steep decline of 25.75%. Year-over-year trends also show increases in countries like Albania (11.84%) and Latvia (21.49%), whereas the United Kingdom and Austria saw declines of 7.69% and 8.69%, respectively.

Longer-term, countries like France, Portugal, and Croatia have shown overall declining trends, while Italy, Greece, and Poland have shown modest growth. Future trends to watch include the sustainability and regulatory measures across Europe, which could impact the petroleum coke market. Potential shifts towards greener alternatives and varying energy policies between countries may alter the consumption patterns significantly. As countries strive for carbon neutrality, the petroleum coke market might see a decline, particularly in Western Europe, while Eastern European countries could see variable trends based on their economic and regulatory environments.