The import of non-petroleum based lubricating oil into Germany is projected to increase steadily from 2024 onwards. The data forecasts show a rise from 62.614 million kilograms in 2024 to 65.174 million kilograms by 2028. This marks a consistent year-on-year growth, with slight increases each year. The compound annual growth rate (CAGR) over the given period indicates a modest, yet stable, annual increase.
As we move forward into the future, changes in environmental regulations and advances in technology are essential trends to monitor. The increasing emphasis on sustainability across industries may further drive imports as Germany continues to adopt eco-friendly and efficient alternatives to petroleum-based products.
