In 2023, Italy led the European production of carbon dioxide and other inorganic oxygen compounds of non-metals, with significant growth marking a 25.88% year-on-year increase. Germany and Spain followed, with moderate gains of 1.58% and 2.97%, respectively. France showed positive development at 8.44%, while smaller markets such as Bulgaria and Austria experienced double-digit growth at 12.12% and 10.97%, respectively. Interestingly, Hungary, Bosnia and Herzegovina, and Slovenia posted negative trends. Overall, the market exhibited varied growth rates, reflecting both rapid expansion and contraction within the region.
Looking ahead, the European market may face shifts due to regulatory changes and technological advances favoring more sustainable production methods. Monitoring investments in green technologies and market adaptation will be crucial for understanding future market dynamics.
Top countries in Sold Production of Carbon Dioxide and Other Inorganic Oxygen Compounds of Non-Metals Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 20.59 | 2023 | +12.56% | +25.88% | View data |
| 2 | 2 Germany | 13.34 | 2023 | -5.35% | +1.58% | View data |
| 3 | 3 Spain | 11.63 | 2023 | +9.08% | +2.97% | View data |
| 4 | 4 France | 10.87 | 2023 | -8.94% | +8.44% | View data |
| 5 | 5 Belgium | 10.27 | 2023 | +10.9% | +2.05% | View data |
| 6 | 6 Netherlands | 9.24 | 2023 | +5.9% | +6.1% | View data |
| 7 | 7 Finland | 5.13 | 2023 | +2.25% | +1.81% | View data |
| 8 | 8 Poland | 4.08 | 2023 | +2.71% | +4.19% | View data |
| 9 | 9 United Kingdom | 3.71 | 2023 | +2.94% | +3.25% | View data |
| 10 | 10 Denmark | 2.27 | 2023 | +5.62% | +5.66% | View data |
