In 2023, Poland remained the leader in European solid fossil fuel production, showcasing a relatively modest year-on-year decrease of 3.68%, while Germany, despite producing significantly, faced a notable contraction of 7.48%. The Czech Republic also recorded a decline of 3.51%. Conversely, Kosovo and Montenegro exhibited positive year-on-year variations of 2.6% and 1.02%, respectively. Greece and Hungary experienced substantial declines of 13.53% and 12.67%. Over the past five years, the compound annual growth rate (CAGR) indicates persistent declines across numerous countries, reflecting ongoing challenges within the sector.
Future trends to watch include a continued decline in production as Europe transitions towards sustainable energy sources, alongside potential policy shifts and technological advancements that could influence production volumes and regional dynamics within the industry.
Top countries in Production of Solid Fossil Fuels by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 38,970 | 2023 | -3.75% | -3.68% | View data |
| 2 | 2 Germany | 23,740 | 2023 | -4.57% | -7.48% | View data |
| 3 | 3 Czech Republic | 12,200 | 2023 | +0.019% | -3.51% | View data |
| 4 | 4 Ukraine | 9,200 | 2023 | -13.33% | -8.5% | View data |
| 5 | 5 Serbia | 6,450 | 2023 | -1.39% | -0.48% | View data |
| 6 | 6 Bulgaria | 4,950 | 2023 | +4.07% | -0.42% | View data |
| 7 | 7 Romania | 3,580 | 2023 | +2.4% | -2.26% | View data |
| 8 | 8 Bosnia and Herzegovina | 2,880 | 2023 | -4.36% | -4.84% | View data |
| 9 | 9 Greece | 2,070 | 2023 | -13.9% | -13.53% | View data |
| 10 | 10 Kosovo | 1,620 | 2023 | +1.26% | +2.6% | View data |
