The European lubricants refinery output share for 2024 is led by Germany, maintaining the highest output at 34.16 terajoules. It is followed by the Netherlands and Italy with 15.51 and 15.26 terajoules, respectively. Poland, Sweden, and Spain have outputs between 4 and 5 terajoules. France, Finland, and the United Kingdom range from 3 to 4 terajoules. Other countries have outputs below 3 terajoules, with Moldova having the smallest share.
Year-on-year variations show Germany with a slight increase of 1.49%, and the Netherlands remains stable. Italy and other major contributors like Poland and Spain showed minor declines. France and the United Kingdom saw more significant drops at -11.82% and -9.42% respectively. Notably, Lithuania showed a substantial increase of 7.71%, while Bosnia and Herzegovina, Croatia, and Serbia had significant declines.
Future Trends:
- The market is expected to witness shifts with major producers focusing on sustainability and efficiency.
- Emerging technologies and renewable energy sources may influence refining processes and outputs.
- Regulatory changes and geopolitical events will continue to impact national outputs.
Top countries in Lubricants Refinery Output Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.16 | 2023 | +0.98% | +1.49% | View data |
| 2 | 2 Netherlands | 15.51 | 2023 | +0.23% | View data | |
| 3 | 3 Italy | 15.26 | 2023 | -0.38% | -2.63% | View data |
| 4 | 4 Poland | 5.56 | 2023 | +0.5% | -1.88% | View data |
| 5 | 5 Sweden | 4.84 | 2023 | +6.33% | -0.77% | View data |
| 6 | 6 Spain | 4.81 | 2023 | +3.91% | -1.35% | View data |
| 7 | 7 France | 3.94 | 2023 | -18.7% | -11.82% | View data |
| 8 | 8 Finland | 3.82 | 2023 | +4.59% | +0.22% | View data |
| 9 | 9 United Kingdom | 3.52 | 2023 | -5.55% | -9.42% | View data |
| 10 | 10 Greece | 3.27 | 2023 | -0.062% | -2.07% | View data |