The Netherlands leads European lubricants exports with 2.39 million tonnes of oil equivalent, followed by Germany and Belgium. There are varied trends: substantial growth in Latvia and Slovakia, while declines are observed in the UK and Bosnia. Positive growth is noted for Lithuania, Slovenia, and Macedonia, while Italy, France, Spain, and Austria face declining trends. Finland's and Hungary's markets remain relatively stable with minor variations.
Future trends to watch include potential market shifts influenced by green initiatives, technological advancements in production, and geopolitical factors. Emerging markets like Slovakia and Latvia may continue their growth trajectory, altering the competitive landscape in Europe.
Top countries in Lubricants Exports by Country
| # | 10 Countries | Thousand Tonnes Of Oil Equivalent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 2,390 | 2023 | +2.59% | +6.52% | View data |
| 2 | 2 Germany | 1,790 | 2023 | +3.53% | +2.67% | View data |
| 3 | 3 Belgium | 1,640 | 2023 | +6.94% | +1.28% | View data |
| 4 | 4 Italy | 1,030 | 2023 | +0.68% | -1.52% | View data |
| 5 | 5 France | 990.27 | 2023 | -0.62% | -2.14% | View data |
| 6 | 6 Finland | 433.55 | 2023 | +1.96% | +0.43% | View data |
| 7 | 7 Poland | 425.25 | 2023 | +4.18% | -2.35% | View data |
| 8 | 8 Sweden | 347.81 | 2023 | -5.99% | -2.73% | View data |
| 9 | 9 United Kingdom | 325.06 | 2023 | -2.58% | -6.83% | View data |
| 10 | 10 Greece | 183.63 | 2023 | +1.01% | -2.17% | View data |