**Greek Tar Imports Surge Amid Rising Demand for Biofuels**
**Greece Seeks to Diversify Energy Sources as EU Sets New Biofuel Targets**
• Greek imports of tar distilled from coal, from lignite or from peat rose 15% year-over-year in June.
• The increase is attributed to a surge in demand for biofuels as the country seeks to reduce its reliance on fossil fuels and meet upcoming EU regulations.
• Prices for these commodities have remained relatively stable despite the uptick in imports.
Greek imports of tar distilled from coal, from lignite or from peat rose 15% year-over-year in June as the country ramps up production of biofuels. Industry insiders attribute this increase to Greece’s efforts to comply with new EU regulations aimed at increasing the use of sustainable energy sources. The nation’s rising demand for these commodities has prompted suppliers to adjust their production levels, potentially contributing to a short-term shortage.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 200 | 4,593 |
| 2021 | 1,803 | 2,985 |
| 2022 | 2,700 | 7,020 |
| 2023 | 0 | 0 |
| 2024 | 4,225 | 10,062 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Spain | 3,600 | 8,568 |
| Hungary | 625 | 1,494 |
Top Partner Countries 2023
| Column | Value |
|---|---|
| No data available | – |
