Germany remains the leader in European lubricants transformation, holding a significant share, followed by the Netherlands, which experienced dramatic growth in 2023. Italy, though significant, saw a slight decline, aligning with Spain and Poland, which also observed negative variations. Sweden and Finland demonstrated stability with minor growth, while France and the UK experienced more pronounced decreases. Countries like Greece, Hungary, and Portugal faced minor contractions, whereas Lithuania showed notable growth. The rest, including smaller markets like Belgium and Croatia, presented diverse trends, mostly negative, indicating volatility.
Future trends to watch include the Netherlands' aggressive growth potentially reshaping the landscape, while Germany's continued dominance may face challenges from emerging players. Attention should also be given to sustainability trends and technological advancements affecting production efficiency and demand shifts in the European lubricants market.
Top countries in Lubricants Transformation Output Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.71 | 2023 | +1.13% | +1.56% | View data |
| 2 | 2 Netherlands | 15.74 | 2023 | +0.48% | +102.36% | View data |
| 3 | 3 Italy | 15.01 | 2023 | -0.38% | -2.63% | View data |
| 4 | 4 Spain | 5.82 | 2023 | +6.07% | -2.42% | View data |
| 5 | 5 Poland | 5.26 | 2023 | -0.98% | -2.64% | View data |
| 6 | 6 Sweden | 4.78 | 2023 | +6.48% | -0.47% | View data |
| 7 | 7 Finland | 3.95 | 2023 | +6.65% | +1.21% | View data |
| 8 | 8 France | 3.87 | 2023 | -18.7% | -11.82% | View data |
| 9 | 9 United Kingdom | 3.35 | 2023 | -6.41% | -10.05% | View data |
| 10 | 10 Greece | 3.23 | 2023 | +0.76% | -2.01% | View data |
