In 2023, the available energy from lubricants in Belgium stood at 3.01 thousand terajoules. The forecast data from 2024 to 2028 suggest a declining trend in the gross available energy from lubricants. Specifically, there is a year-on-year decrease of approximately 3.8% from 2024 to 2025, 3.9% from 2025 to 2026, 3.7% from 2026 to 2027, and 3.5% from 2027 to 2028. Over the last two years, the cumulative decline is noted at 5.9%, while the average annual drop over the five-year period (CAGR) is around 3.7%.

Future trends to watch for include:

The impact of advancements in synthetic lubricants and their efficiency on overall consumption.
Regulatory changes toward more environmentally friendly alternatives influencing the lubricant market.
Growth in the adoption of electric vehicles potentially reducing lubricant demand.