The petroleum-based lubricant market size value per capita in Morocco showed fluctuations from 2013 to 2023, starting at $3.51 and reaching $4.55 in 2023. Over the past two years, growth resumed with an increase of 7% from 2021 to 2022 and a 1.79% growth from 2022 to 2023. The compound annual growth rate (CAGR) over the past five years stands at approximately 4.84%, highlighting a general positive trend towards increased per capita usage.
Future trends to watch for include:
- Potential impacts of technological advancements in automotive industries.
- Adoption of eco-friendly lubricant alternatives.
- Regulatory changes affecting the oil market.
- Economic growth influencing transportation and industrial activities.
| # | 43 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 40.43 | 2023 | View data | ||
| 2 | 2 Iceland | 40.38 | 2023 | View data | ||
| 3 | 3 Sweden | 39.21 | 2023 | View data | ||
| 4 | 4 Norway | 35.62 | 2023 | View data | ||
| 5 | 5 Canada | 32 | 2023 | View data | ||
| 31 | 31 El Salvador | 4.7 | 2023 | View data | ||
| 32 | 32 South Africa | 4.63 | 2023 | View data | ||
| 33 | 33 Morocco | 4.55 | 2023 | |||
| 34 | 34 Costa Rica | 4.25 | 2023 | View data | ||
| 35 | 35 Ukraine | 4.24 | 2023 | View data | ||
