The European Lubricants Transformation Output distribution exhibits a dominant share in Germany, followed by the Netherlands and Italy. Notably, the Netherlands saw a remarkable increase of over 100% year-on-year in 2023. Most other countries experienced declines, including significant reductions in France and the United Kingdom. While Lithuania bucked the trend with an over 8% growth, other countries like Bosnia and Bulgaria faced steep declines. Over the past five years, many countries show fluctuations, with an evident shift towards more efficient production or diversified portfolios to remain competitive in the market.
Future trends to monitor involve how countries adapt to changing environmental regulations and technological advancements affecting lubricant production. The shift towards synthetic lubricants and potential geopolitical shifts within Europe might alter production shares. Monitoring investments in sustainable and efficient production methods, along with shifts in demand due to electric vehicles potentially impacting lubricant needs, will be pivotal.
Top countries in Lubricants Transformation Output Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.53 | 2023 | +0.72% | +1.23% | View data |
| 2 | 2 Netherlands | 15.91 | 2023 | +0.48% | +102.36% | View data |
| 3 | 3 Italy | 14.7 | 2023 | -0.47% | -3.25% | View data |
| 4 | 4 Spain | 5.85 | 2023 | +5.81% | -2.57% | View data |
| 5 | 5 Poland | 5.35 | 2023 | -0.75% | -2.53% | View data |
| 6 | 6 Sweden | 4.69 | 2023 | +5.86% | -1.31% | View data |
| 7 | 7 France | 4.14 | 2023 | -17.2% | -11.05% | View data |
| 8 | 8 Finland | 3.95 | 2023 | +5.96% | +0.96% | View data |
| 9 | 9 Greece | 3.43 | 2023 | +1.3% | -1.05% | View data |
| 10 | 10 United Kingdom | 3.38 | 2023 | -6.41% | -10.05% | View data |
