In Austria, the value per capita of lubricants for textile and leather use made of less than 70% petroleum oil was $0.23 in 2023. This represents a stabilization following significant declines from $0.43 in 2013. Over the last two years, there was no year-on-year change as values remained stable. The compound annual growth rate (CAGR) over the last five years is approximately -3.8%, reflecting a continuing decline in the market value per capita.

Future trends to watch for include:

Potential impact of global economic recovery on textile and leather industries.
Shifts toward more sustainable and eco-friendly lubricant alternatives.
Technological developments improving product efficiency, which may influence market demand.
Regulatory changes affecting the production and sale of petroleum-based products.