The European Lubricants Price Index for Agriculture in 2023 shows significant variances across countries, with Lithuania leading at a high index value, followed by Hungary and Slovakia. While countries like Belgium and Italy exhibit mid-range values, others such as France and Greece show lower index scores.
Year-on-year variations reveal substantial increases in Lithuania and Hungary, markedly outpacing the rest, whereas significant increases in the Netherlands and Romania denote noteworthy trends. Conversely, Belgium, Italy, and several others are experiencing moderate growth, with Slovenia remaining unchanged and Greece marginally increasing.
Looking ahead, monitor the comprehensive economic factors influencing lubricant costs, including changing agricultural practices, evolving EU regulations, and fluctuating raw material pricing, which will likely impact the future direction of the lubricants market in Europe.
Top countries in Lubricants Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 263.47 | 2022 | +134.59% | +29.26% | View data |
| 2 | 2 Hungary | 252.1 | 2022 | +71.03% | +31.84% | View data |
| 3 | 3 Slovakia | 202.15 | 2022 | +38.95% | +16.61% | View data |
| 4 | 4 Netherlands | 187 | 2022 | +48.89% | +17.9% | View data |
| 5 | 5 Romania | 178.24 | 2022 | +44.83% | +17.58% | View data |
| 6 | 6 Belgium | 151.61 | 2022 | +30.18% | +10.24% | View data |
| 7 | 7 Italy | 133.2 | 2022 | +15.93% | +5.85% | View data |
| 8 | 8 Estonia | 125.94 | 2022 | +19.85% | +7.54% | View data |
| 9 | 9 Poland | 125.72 | 2022 | +14.97% | +6.79% | View data |
| 10 | 10 Cyprus | 121.04 | 2022 | +14.05% | +4.39% | View data |
