The market volume for lubricating preparations not containing petroleum oil in Greece has shown a general decline from 2013 to 2023, with significant decreases in 2017 and recent years. In 2023, the market size stood at 1.1165 million kilograms, marking a year-on-year decrease of 3.64%. Over the past five years, the market experienced a compound annual growth rate (CAGR) of -3.36%, indicating a noticeable negative trend.

Future trends to watch for include potential shifts in demand due to environmental regulations, technological advancements in lubrication technologies, and changes in industrial activities which may impact this market segment. Close monitoring of these factors could provide early indications of market recovery or further decline.

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