In Morocco, the market size value per capita for lubricants made of less than 70% petroleum oil, except for textile and leather use, has demonstrated a steady upward trend from 2013 to 2023. In 2023, the value stood at $3.15. Over the past two years, the market showed a robust recovery with a 13.76% increase since 2021. The market experienced a 5-year compound annual growth rate (CAGR) of 2.48%, reflecting consistent demand and market expansion.
Future trends to watch for include shifts towards more sustainable and environmentally friendly products, technological advancements in lubricant formulations, and potential regulatory changes impacting product composition and distribution.
