In 2023, Poland's market for lubricating preparations that exclude petroleum oil and bituminous mineral oils and are not intended for textiles or leather treatments reached a size of 96.678 million euros. This market has experienced fluctuations over the past decade, marked by a notable recovery post-2020. Recent two-year trends show a modest yearly increase of around 1.71% in 2023 and 1.78% in 2022. The five-year CAGR highlights an average annual growth rate of 1.5%.
Future trends to watch include:
- Increasing demand for environmentally friendly lubricants.
- Potential regulatory changes impacting synthetic lubricant formulation.
- Technological advancements improving lubricant efficiency.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 96,678,000 | 2023 | +1.71% | +1.5% | |
| 2 | 2 Czech Republic | 63,712,000 | 2023 | +5.2% | +1.57% | View data |
| 3 | 3 Hungary | 27,931,000 | 2023 | +2.28% | +2.54% | View data |
| 4 | 4 Bulgaria | 8,461,600 | 2023 | +3.97% | +4.7% | View data |
| 5 | 5 Croatia | 7,370,400 | 2023 | +1.85% | +3.92% | View data |
