The petroleum-based lubricant market size per capita in Israel has shown fluctuations over the past decade. In 2023, it stood at $16.42. From 2021 to 2022, the market saw a 6.8% increase, followed by a smaller increase of 1.4% from 2022 to 2023. The compound annual growth rate (CAGR) over the last 5 years was approximately 1.57%, indicating a moderate upward trend despite some volatility.
Future trends to watch for in the market include the impact of technological advancements in automotive technologies, the shift toward sustainable and synthetic alternatives, and potential regulatory changes that may affect petroleum-based lubricant consumption.
| # | 43 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 40.43 | 2023 | View data | ||
| 2 | 2 Iceland | 40.38 | 2023 | View data | ||
| 3 | 3 Sweden | 39.21 | 2023 | View data | ||
| 4 | 4 Norway | 35.62 | 2023 | View data | ||
| 5 | 5 Canada | 32 | 2023 | View data | ||
| 14 | 14 Italy | 17.71 | 2023 | View data | ||
| 15 | 15 Belgium | 17.39 | 2023 | View data | ||
| 16 | 16 Israel | 16.42 | 2023 | |||
| 17 | 17 United Kingdom | 15.53 | 2023 | View data | ||
| 18 | 18 Croatia | 13.77 | 2023 | View data | ||
