The current data for 2024 positions Germany as the leader in European bitumen transformation output share, followed by Italy, Spain, and France. Germany maintained the highest output despite a slight 0.32% decline from 2023. Italy and Greece, with 3.61% and 6.16% increases respectively, exhibit strong growth. Remarkably, the Netherlands showed a significant 16.5% increase. Conversely, Finland and Ukraine experienced substantial decreases, worrying trends for these countries. The last five years' CAGR reveals moderate growth across the board, indicating varied resilience and hidden potential in smaller markets like Bulgaria and Albania.
Future trends to watch in the European bitumen industry include the impact of sustainability measures, regional economic policies, and technological advancements. Monitoring how these elements influence major and emerging markets will provide insight into production efficiencies, shifts in market leadership, and cross-border trade dynamics. Additionally, changes in EU regulations and the economic recovery pace post-COVID-19 could significantly impact supply and demand patterns.
Top countries in Bitumen Transformation Output Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.78 | 2023 | +0.053% | -0.32% | View data |
| 2 | 2 Italy | 15.75 | 2023 | +0.74% | +3.61% | View data |
| 3 | 3 Spain | 12.85 | 2023 | +4.08% | -2.53% | View data |
| 4 | 4 France | 9.8 | 2023 | +2.26% | -1.59% | View data |
| 5 | 5 Greece | 7.95 | 2023 | +2% | +6.16% | View data |
| 6 | 6 Poland | 7.43 | 2023 | +1.28% | -0.75% | View data |
| 7 | 7 Sweden | 4.32 | 2023 | +2.77% | +1.16% | View data |
| 8 | 8 Netherlands | 3.92 | 2023 | -0.13% | +16.5% | View data |
| 9 | 9 United Kingdom | 3.66 | 2023 | -6.01% | -4.86% | View data |
| 10 | 10 Czech Republic | 2.78 | 2023 | +4.52% | -1.6% | View data |
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