In 2023, Belgium leads European lubricant imports, experiencing a year-on-year growth of 5.67%. The Netherlands, despite its large share, saw a slight decline of 0.57%. France, Germany, and Poland showed minor increases, while the UK and Italy faced reductions. Noteworthy growth includes Latvia at 7.96% and Sweden at 25.89%. Conversely, Bulgaria and Greece showed significant declines.
Future trends to watch include the potential for increased imports in smaller markets like Latvia and Sweden due to recent growth. Economic fluctuations and policy changes in major economies may impact these patterns, altering country-specific import demands.
Top countries in Lubricants Imports Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 23.64 | 2023 | +14.56% | +5.67% | View data |
| 2 | 2 Netherlands | 21.65 | 2023 | +3.62% | -0.57% | View data |
| 3 | 3 France | 13.42 | 2023 | +6.38% | +0.3% | View data |
| 4 | 4 Germany | 11.53 | 2023 | +5.16% | +1.76% | View data |
| 5 | 5 Italy | 4.1 | 2023 | +6.31% | +0.58% | View data |
| 6 | 6 United Kingdom | 3.89 | 2023 | -0.94% | -1.37% | View data |
| 7 | 7 Poland | 3.17 | 2023 | +2.48% | +3.56% | View data |
| 8 | 8 Ukraine | 2.8 | 2023 | +2.53% | +0.021% | View data |
| 9 | 9 Czech Republic | 2.13 | 2023 | +6.51% | +0.14% | View data |
| 10 | 10 Finland | 1.62 | 2023 | +1.81% | -1.01% | View data |
