Germany leads the European lubricants market, but experienced a slight decline in 2023. France and the UK also saw reductions, while Poland and Romania exhibited robust growth. Poland's consumption grew remarkably by 7.39% in 2023. Although Estonia's percentage increase in consumption was significant, its absolute value remains low. Stable consumption trends were observed in Finland and Serbia. Overall, the market shows fragmentation with mixed growth patterns across countries.
Looking forward, potential growth can be anticipated in Eastern European countries such as Poland and Ukraine, given recent trends. Monitoring the geopolitical landscape and its impact on energy demands will be critical in forecasting future market dynamics.
Top countries in Lubricants Available for Final Consumption by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 35,410 | 2023 | +1.85% | -1.71% | View data |
| 2 | 2 France | 27,230 | 2023 | +3.13% | -2.63% | View data |
| 3 | 3 Italy | 20,810 | 2023 | -0.21% | -3.09% | View data |
| 4 | 4 Spain | 16,590 | 2023 | +3.37% | -2.44% | View data |
| 5 | 5 Ukraine | 15,850 | 2023 | +1.82% | +0.95% | View data |
| 6 | 6 Poland | 14,620 | 2023 | +0.37% | +7.39% | View data |
| 7 | 7 United Kingdom | 13,380 | 2023 | -3.62% | -3.39% | View data |
| 8 | 8 Czech Republic | 8,130 | 2023 | +4.74% | -1.47% | View data |
| 9 | 9 Netherlands | 6,380 | 2023 | +0.077% | -0.11% | View data |
| 10 | 10 Romania | 4,450 | 2023 | +0.47% | +2.54% | View data |
