The European lubricants market in 2024 shows significant transformation output disparities across countries. Germany leads with a 33.52 Terajoule share, followed by the Netherlands at 15.71, reflecting a remarkable 102.36% increase from 2023. Italy and Spain recorded declines of 2.63% and 2.12%, respectively. France and the United Kingdom also saw substantial reductions by 11.82% and 10.05%. Sweden, Finland, and smaller markets like Bosnia and Herzegovina and Croatia experienced minor shifts.
Future trends suggest continued volatility influenced by technological advancements and environmental policies. Watch for dynamic shifts in production efficiencies, sustainability practices, and geopolitical impacts affecting output distributions.
Top countries in Lubricants Transformation Output Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.52 | 2023 | +0.98% | +1.49% | View data |
| 2 | 2 Netherlands | 15.71 | 2023 | +0.48% | +102.36% | View data |
| 3 | 3 Italy | 14.98 | 2023 | -0.38% | -2.63% | View data |
| 4 | 4 Spain | 5.9 | 2023 | +6.68% | -2.12% | View data |
| 5 | 5 Poland | 5.45 | 2023 | +0.47% | -1.89% | View data |
| 6 | 6 Sweden | 4.77 | 2023 | +6.27% | -0.71% | View data |
| 7 | 7 France | 3.87 | 2023 | -18.7% | -11.82% | View data |
| 8 | 8 Finland | 3.75 | 2023 | +4.59% | +0.22% | View data |
| 9 | 9 United Kingdom | 3.34 | 2023 | -6.41% | -10.05% | View data |
| 10 | 10 Greece | 3.23 | 2023 | +0.77% | -1.95% | View data |
