In analyzing the market size value per capita for lubricants used in textiles and leather (excluding petroleum oil) in Costa Rica, the value for 2023 was $0.38. Over the past decade, we observed moderate fluctuations with notable decreases in 2016 and 2020, prior to stabilization and growth reaching $0.38 in 2022 and 2023. From 2021 to 2023, the year-on-year increase was approximately 5.56%. The 5-year CAGR stands at 1.09%, indicating gradual growth.

Future trends to watch include:

Potential impact of sustainability efforts, pushing for non-petroleum solutions.
Technological advancements enhancing product efficacy and expanding applications.
Economic factors influencing manufacturing and export activities in the region.