The 2023 data shows Germany leading the European lubricants market with 10.09 thousand GWh, followed by France at 7.56 thousand GWh and Italy with 5.35 thousand GWh. Germany's consumption increased by 1.76%, while France and Italy saw declines of -2.63% and -4.58% respectively. Poland marked a notable rise with +7.39%, contrasting with the UK's decline of -3.39%. The largest relative growth was seen in Estonia with +11.51%, while Bulgaria experienced a significant drop of -7.33%. Overall, the market exhibited mixed trends with localized growth and declines.
Future trends to watch in the European lubricants market include:
- Impact of advancing automotive technologies and increased emphasis on electric vehicles.
- Shifts towards sustainable and bio-based lubricants in response to environmental regulations.
- Evolving industrial activities and manufacturing trends influencing consumption patterns.
Top countries in Lubricants Available for Final Consumption by Country
# | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 10,090 | 2023 | +3.95% | +1.76% | View data |
2 | 2 France | 7,560 | 2023 | +3.13% | -2.63% | View data |
3 | 3 Italy | 5,350 | 2023 | -1.58% | -4.58% | View data |
4 | 4 Spain | 4,490 | 2023 | +3.59% | -2.3% | View data |
5 | 5 Ukraine | 4,400 | 2023 | +1.82% | +0.95% | View data |
6 | 6 Poland | 4,060 | 2023 | +0.37% | +7.39% | View data |
7 | 7 United Kingdom | 3,720 | 2023 | -3.62% | -3.39% | View data |
8 | 8 Czech Republic | 2,260 | 2023 | +4.72% | -1.5% | View data |
9 | 9 Netherlands | 1,770 | 2023 | +0.077% | -0.11% | View data |
10 | 10 Romania | 1,220 | 2023 | +0.24% | +2.35% | View data |