The analysis of European Lubricants HICP by Country in 2024 reveals that Slovakia leads with a value of 13.168, followed closely by Hungary at 12.755 and Lithuania at 12.471. Norway and Macedonia also show high values indicating strong lubricant price indices. Countries such as Portugal at 9.607 and Finland at 9.386 report lower indices.
Year-on-year variations depict significant increases in specific countries like Hungary at 6.47% and Lithuania at 4.52%. Montenegro and Poland also show notable rises. The CAGR over five years highlights a mixed trend across the continent, with some nations maintaining stability and others experiencing considerable changes.
Future trends to watch for include potential fluctuations due to economic recovery, geopolitical influences, and advancements in lubricant technologies which may affect demand and pricing patterns. Monitoring these aspects will be crucial for understanding the European lubricants market's trajectory.
Top countries in Lubricants HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovakia | 131.68 | 2022 | +17.37% | View data | |
| 2 | 2 Hungary | 127.55 | 2022 | +12.47% | +6.47% | View data |
| 3 | 3 Lithuania | 124.71 | 2022 | +15.8% | +4.52% | View data |
| 4 | 4 Norway | 124.3 | 2022 | View data | ||
| 5 | 5 Macedonia | 122.98 | 2022 | +11.07% | +3.89% | View data |
| 6 | 6 Romania | 120.55 | 2022 | +9.44% | View data | |
| 7 | 7 Poland | 119 | 2022 | +10.08% | +4.73% | View data |
| 8 | 8 Albania | 117.63 | 2022 | +6.67% | View data | |
| 9 | 9 Germany | 117.1 | 2022 | +7.43% | +3.31% | View data |
| 10 | 10 Estonia | 116.74 | 2022 | +9.84% | View data |
