Japan leads the global export market for non-petroleum-based lubricants with the highest share, followed by Germany. Significant growth occurred in countries like Poland, Hungary, and Greece, while Singapore and Brazil faced declines. The overall market saw varied fluctuations, with some countries experiencing modest gains, such as the United Kingdom, and others like France and Canada encountering drops in exports in 2023. Future trends to monitor include continued growth in emerging markets and adaptations to evolving environmental regulations, potentially reshaping the landscape and necessitating innovations in lubricant formulations and applications.
Top countries in Export of Non-Petroleum Based Lubricant Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 36.85 | 2023 | +2.93% | +3.21% | View data |
| 2 | 2 Germany | 28.93 | 2023 | +1.53% | +1.35% | View data |
| 3 | 3 Netherlands | 6.62 | 2023 | +1.36% | +1.49% | View data |
| 4 | 4 United States | 6.39 | 2023 | +0.81% | +0.71% | View data |
| 5 | 5 Italy | 6.05 | 2023 | +0.91% | +0.97% | View data |
| 6 | 6 Spain | 2.34 | 2023 | +0.27% | +0.27% | View data |
| 7 | 7 China | 2.17 | 2023 | +2.81% | +1.32% | View data |
| 8 | 8 United Kingdom | 1.98 | 2023 | +1.56% | +1.52% | View data |
| 9 | 9 France | 0.88 | 2023 | -0.66% | -1.08% | View data |
| 10 | 10 South Korea | 0.75 | 2023 | +2.84% | +1.18% | View data |
