In 2023, Germany led European fossil energy refinery output with a substantial share, followed by Italy and Spain. However, Germany saw a slight dip in output, while Italy exhibited a marginal increase. Notably, France's output decreased significantly. Bulgaria and Albania recorded noticeable growth, whereas Moldova witnessed the sharpest decline. Most other countries experienced minor fluctuations in output levels. Over the past five years, the compound annual growth rate (CAGR) highlights variability, with larger economies generally experiencing slowdowns and smaller economies displaying potential for growth.
Looking ahead, future trends to watch include the transition towards renewable energy sources, which may impact fossil energy refinery outputs across Europe. Additionally, legislative and regulatory measures aimed at reducing carbon emissions could further influence the output, pushing countries towards adopting cleaner technologies or alternative energy sources.
Top countries in Fossil Energy Refinery Output Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14.45 | 2023 | -1.01% | -1.17% | View data |
| 2 | 2 Italy | 11.57 | 2023 | +3.12% | +0.23% | View data |
| 3 | 3 Spain | 10.62 | 2023 | +3.84% | -0.22% | View data |
| 4 | 4 Netherlands | 10.03 | 2023 | +2.89% | +0.56% | View data |
| 5 | 5 United Kingdom | 8.63 | 2023 | -2.1% | -1.77% | View data |
| 6 | 6 France | 7.49 | 2023 | +1.31% | -3.31% | View data |
| 7 | 7 Belgium | 5.71 | 2023 | +5.96% | +1.22% | View data |
| 8 | 8 Greece | 4.93 | 2023 | +1.5% | -0.93% | View data |
| 9 | 9 Poland | 4.45 | 2023 | +1.53% | -0.11% | View data |
| 10 | 10 Sweden | 3.28 | 2023 | +0.19% | -1.1% | View data |
