The market size value per capita for lubricants in Tunisia, excluding textile and leather use, and with less than 70% petroleum oil, showed persistent growth from 2013 to 2023, except for a dip in 2020. As per the last recorded data for 2023, the value reached 2.46 USD per capita. The year-on-year growth from 2022 to 2023 was approximately 2.5%, while the average yearly growth rate (CAGR) from 2018 to 2023 was steady, reflecting consistent market demand despite economic challenges.
Future trends to watch include:
- An increase in eco-friendly lubricants due to environmental regulations.
- Potential growth in industrial sectors that could drive lubricant demand.
- Impacts of global oil price fluctuations on market dynamics.
