Belgium leads the European lubricants import market with 23.46 GWh, followed by the Netherlands at 21.55 GWh. France and Germany stand at 13.28 and 11.49 GWh, respectively, while Italy, the UK, and Ukraine maintain moderate shares. Notably, Sweden and Hungary displayed significant year-on-year growth at 32.52% and 8.54% respectively in 2023. Conversely, several countries like Greece and Bulgaria experienced declines. Overall, Belgium and Latvia registered prominent growths, while larger markets like the Netherlands faced minor contractions.
Future trends to watch include potential shifts in import patterns due to policy changes, energy transition demands, and technological advancements in lubricant efficiency. These factors may further influence market dynamics across the region.
Top countries in Lubricants Imports Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 23.46 | 2023 | +14.27% | +5.58% | View data |
| 2 | 2 Netherlands | 21.55 | 2023 | +3.61% | -0.6% | View data |
| 3 | 3 France | 13.28 | 2023 | +6.29% | +0.14% | View data |
| 4 | 4 Germany | 11.49 | 2023 | +5.16% | +1.76% | View data |
| 5 | 5 Italy | 4.15 | 2023 | +6.82% | +0.78% | View data |
| 6 | 6 United Kingdom | 3.88 | 2023 | -0.94% | -1.37% | View data |
| 7 | 7 Ukraine | 3.25 | 2023 | +7.98% | +3.14% | View data |
| 8 | 8 Poland | 3.08 | 2023 | +2.14% | +3.04% | View data |
| 9 | 9 Czech Republic | 2.11 | 2023 | +6.32% | +0.068% | View data |
| 10 | 10 Finland | 1.61 | 2023 | +1.8% | -1.05% | View data |
