The European market for lubricating preparations excluding petroleum oils saw Belgium leading significantly with approximately 52% of the total production in 2023, followed by Germany at 19%. The Netherlands and France followed with around 8.7% and 8.6% respectively. Italy and the UK, once larger players, experienced declines with only 4.2% and 2.2% shares. Smaller contributions came from Sweden, Spain, and others, all under 2% of the market share.
Year-on-year trends indicate a mixed picture for 2023: Germany and the Netherlands recorded increases, while France, Italy, and the UK faced notable declines. Poland saw the sharpest decrease at 22.9%, indicating volatility. The five-year CAGR analysis highlights a gradual positive trend for Belgium and the Netherlands, contrasting with declining metrics for southern European countries like Italy and Portugal.
Future trends to watch include potential growth in Northern Europe, with Belgium firmly holding its stronghold. A focus on sustainable, non-petroleum-based lubricants, coupled with increasing industrial needs, could drive demand. Close monitoring of regulatory changes and technological advancements in lubricant formulations will be crucial in foreseeing shifts within the sector.
Top countries in Sold Production of Lubricating Preparations Not Containing Petroleum Oil or Bituminous Mineral Oils, Not Used for Treatment of Textiles, Leather, Hides, Furskins and Other Materials Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 51.97 | 2023 | +1.45% | +0.57% | View data |
| 2 | 2 Germany | 19 | 2023 | +5.64% | +0.68% | View data |
| 3 | 3 Netherlands | 8.69 | 2023 | +2.3% | +2.21% | View data |
| 4 | 4 France | 8.57 | 2023 | +7.68% | -2.72% | View data |
| 5 | 5 Italy | 4.22 | 2023 | +4.26% | -6.13% | View data |
| 6 | 6 United Kingdom | 2.16 | 2023 | -10.94% | -8.31% | View data |
| 7 | 7 Sweden | 1.01 | 2023 | +0.88% | -0.64% | View data |
| 8 | 8 Spain | 0.9 | 2023 | +0.86% | -0.42% | View data |
| 9 | 9 Poland | 0.086 | 2023 | -42.66% | -22.9% | View data |
| 10 | 10 Portugal | 0.051 | 2023 | -28.76% | -9.25% | View data |
