In 2023, Germany led the European Additives and Oxygenates production with a 52.49% share in terajoules, despite a year-on-year decline of 4.47%. Italy and Netherlands followed, contributing 15.21% and 13.99%, respectively, with declines of 4.64% and 5.51%. France was the exception to general declines, experiencing a significant rise of 6.21% and holding a 7.74% share. Poland reported the most substantial growth at 23.47%, although it contributed only 0.86% to the total production. The compound annual growth rate (CAGR) analysis over the last five years is essential to understanding these shifts.
Future trends to watch include:
- Germany's ongoing adaptation to stabilize production following recent declines.
- Italy and the Netherlands working to counteract current downward trends.
- Poland potentially increasing its market share given recent growth.
- Technological advancements and regulatory changes impacting production efficiency across Europe.
Top countries in Additives and Oxygenates (Excluding Biofuel Portion) Production Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 52.49 | 2023 | -1.66% | -4.47% | View data |
| 2 | 2 Italy | 15.21 | 2023 | +0.68% | -4.64% | View data |
| 3 | 3 Netherlands | 13.99 | 2023 | +4.66% | -5.51% | View data |
| 4 | 4 France | 7.74 | 2023 | +3.83% | +6.21% | View data |
| 5 | 5 Czech Republic | 3.97 | 2023 | +27.49% | -0.092% | View data |
| 6 | 6 Hungary | 1.88 | 2023 | +1.95% | -5.68% | View data |
| 7 | 7 Ukraine | 1.66 | 2023 | +2.21% | -0.8% | View data |
| 8 | 8 Norway | 1.02 | 2023 | -27.68% | -19.88% | View data |
| 9 | 9 Poland | 0.86 | 2023 | +17.88% | +23.47% | View data |
| 10 | 10 Romania | 0.59 | 2023 | -6.36% | -14.56% | View data |
