In 2023, Germany led the European lubricants refinery output with 110.75 thousand terajoules, exhibiting a modest growth of 1.49%. The Netherlands remained stable with no change, while Italy and Poland showed declines of 2.63% and 1.88% respectively. France's output suffered a significant drop of 11.82%. Conversely, Lithuania's output increased by 7.71%, indicating potential growth. Countries like Bosnia and Herzegovina, Croatia, and Serbia observed dramatic declines, with Serbia experiencing over a 50% reduction. Over the last five years, there has been an overall declining trend across Europe in lubricant refinery outputs.
Looking forward, the European lubricants market may face challenges from increasing environmental regulations, pushing for greener alternatives. Countries with declining outputs might adopt more efficient technologies or shift focus to renewable energy solutions. Monitoring these transitions and technological advancements will be crucial to understanding future dynamics in the refinery output landscape.
Top countries in Lubricants Refinery Output by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 110,750 | 2023 | +0.98% | +1.49% | View data |
| 2 | 2 Netherlands | 50,280 | 2023 | +0.23% | View data | |
| 3 | 3 Italy | 49,490 | 2023 | -0.38% | -2.63% | View data |
| 4 | 4 Poland | 18,030 | 2023 | +0.5% | -1.88% | View data |
| 5 | 5 Sweden | 15,710 | 2023 | +6.33% | -0.77% | View data |
| 6 | 6 Spain | 15,590 | 2023 | +3.91% | -1.35% | View data |
| 7 | 7 France | 12,780 | 2023 | -18.7% | -11.82% | View data |
| 8 | 8 Finland | 12,400 | 2023 | +4.59% | +0.22% | View data |
| 9 | 9 United Kingdom | 11,430 | 2023 | -5.55% | -9.42% | View data |
| 10 | 10 Greece | 10,620 | 2023 | -0.062% | -2.07% | View data |