Between 2013 and 2023, the lubricant market for textile and leather use in Costa Rica without petroleum oil experienced significant fluctuations, reaching its peak in 2023 at 1.958 million USD. The sector encountered a notable dip in 2020 but demonstrated a recovery with a 7.16% increase in 2022 and a steady 1.74% rise in 2023. The last five-year CAGR was 1.9%, indicating moderate growth.

Future trends to watch for:

Increased demand for sustainable and eco-friendly lubricants.
Technological advancements to enhance product efficiency.
Potential impacts from environmental regulations and shifts in raw material costs.