Japan leads the global export market for petroleum-based lubricants used in textile, leather, and furskin treatment, with a 35.71% share by value, followed by Germany (25.72%) and the United States (11.65%). Notably, Egypt and Canada have exhibited significant growth, with year-on-year increases of 17.17% and 10.33% respectively in 2023. China shows strong momentum with a 3.69% increase, while many European countries like the UK, exhibiting a -13.74% change, face declining exports. Fifty countries in total contributed to this global export market with varying degrees of market share and growth.
Future trends to watch include a focus on sustainable and environmentally-friendly lubricant formulations and balancing trade intensities with emerging tech in textile manufacturing. New opportunities could arise in developing economies as market penetration deepens, while established players may face challenges from evolving regulatory landscapes and market saturation effects in traditional markets.
Top countries in Export of Petroleum Based Lubricant Used for the Treatment of Textile Materials, Leather, Furskins Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 35.71 | 2023 | +1.36% | +1.25% | View data |
| 2 | 2 Germany | 25.72 | 2023 | +2.39% | +2.03% | View data |
| 3 | 3 United States | 11.65 | 2023 | +2.06% | +2.24% | View data |
| 4 | 4 Spain | 4.99 | 2023 | +1.4% | +1.43% | View data |
| 5 | 5 France | 4.63 | 2023 | +0.062% | +0.67% | View data |
| 6 | 6 Italy | 3.46 | 2023 | +1.19% | +1.02% | View data |
| 7 | 7 China | 2.01 | 2023 | +4.02% | +3.69% | View data |
| 8 | 8 South Korea | 1.51 | 2023 | -2.05% | -3.62% | View data |
| 9 | 9 Canada | 1.2 | 2023 | +3.29% | +10.33% | View data |
| 10 | 10 Egypt | 1.15 | 2023 | -0.99% | +17.17% | View data |
