The consumption of lubricants in international maritime bunkers in Denmark has shown a significant increase from 2013 to 2023. In 2013, the consumption was stable at 83.8 Terajoules, and from 2015 onwards, it rose to 100.56 Terajoules. By 2022, it slightly increased to 101.61 Terajoules, where it remained steady through 2023. Notably, the year-on-year variation for 2023 remained unchanged, and the five-year compound annual growth rate (CAGR) leading up to 2023 stood at a modest 0.21%.

Future trends to watch for include:

Technological advancements in engine efficiency which may affect lubricant consumption.
Stringent environmental regulations potentially driving demand for higher quality, more efficient lubricants.
Market dynamics influenced by shifts in shipping activities and global trade patterns.