EU: Ethanol Market 2024

Ethanol Market Size in the EU

The EU ethanol market soared to $X in 2022, increasing by X% against the previous year. The total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ethanol Production in the EU

In value terms, ethanol production rose rapidly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

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Ethanol Exports

Exports in the EU

In 2022, approx. X litres of ethyl alcohol were exported in the European Union; surging by X% compared with the previous year's figure. Total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, ethanol exports surged to $X in 2022. In general, exports showed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands was the key exporter of ethyl alcohol in the European Union, with the volume of exports accounting for X litres, which was near X% of total exports in 2022. Hungary (X litres) held an X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%), Belgium (X%), Germany (X%) and Spain (X%). Poland (X litres) held a little share of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Hungary (X%), Spain (X%), Germany (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, France (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.), Poland (X p.p.) and Hungary (X p.p.) significantly strengthened its position in terms of the total exports, while Belgium and France saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest ethanol supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports. It was followed by Hungary, with a X% share.

In the Netherlands, ethanol exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per litre in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Spain ($X per litre) and Poland ($X per litre), while Hungary ($X per litre) and the Netherlands ($X per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Ethanol Imports

Imports in the EU

In 2022, approx. X litres of ethyl alcohol were imported in the European Union; growing by X% compared with the year before. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X%. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, ethanol imports soared to $X in 2022. Overall, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X litres) and Germany (X litres) represented roughly X% of total imports in 2022. France (X litres) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Sweden (X%) and Belgium (X%). The following importers - Italy (X litres), Greece (X litres), Denmark (X litres), Romania (X litres), Spain (X litres), Finland (X litres), Poland (X litres) and the Czech Republic (X litres) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ethanol importing markets in the European Union were the Netherlands ($X), Germany ($X) and France ($X), with a combined X% share of total imports. Sweden, Belgium, Greece, Italy, Denmark, Spain, Finland, Romania, Poland and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Greece, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per litre, with an increase of X% against the previous year. Import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethanol import price increased by X% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Netherlands ($X per litre) and the Czech Republic ($X per litre), while Italy ($X per litre) and Romania ($X per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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