In 2023, Spain led European petroleum coke consumption with a small decline, while Italy showed a strong increase, indicating a robust industrial demand. The UK, Macedonia, and Bosnia and Herzegovina also experienced significant growth, spotlighting varying industrial needs and expansions. Conversely, Germany and Croatia saw considerable declines.
Future trends to watch include environmental regulations that may affect consumption patterns and technological advancements in alternative energy, potentially decreasing reliance on petroleum coke. Monitoring economic growth in emerging Eastern European markets, which could drive increases in consumption, is also essential for understanding future industry dynamics.
Top countries in Petroleum Coke Final Consumption in Industry by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,230 | 2023 | +3.95% | -1.19% | View data |
| 2 | 2 Italy | 934.29 | 2023 | -0.78% | +7.58% | View data |
| 3 | 3 Greece | 470.93 | 2023 | +7.35% | +3.43% | View data |
| 4 | 4 France | 354.29 | 2023 | -5.09% | -3.72% | View data |
| 5 | 5 Bulgaria | 304.69 | 2023 | +7.52% | +0.27% | View data |
| 6 | 6 Romania | 261.15 | 2023 | +1.61% | -2.82% | View data |
| 7 | 7 Portugal | 236.08 | 2023 | +0.79% | -2.13% | View data |
| 8 | 8 Serbia | 185.18 | 2023 | +14.03% | +4.26% | View data |
| 9 | 9 United Kingdom | 177.72 | 2023 | +0.94% | +11.32% | View data |
| 10 | 10 Denmark | 168.15 | 2023 | +0.37% | +0.44% | View data |