In 2023, Germany led the export market of non-petroleum lubricating preparations with a 38.41% share, followed by Italy at 33.23%. Italy saw a notable year-on-year growth of 27.39%, whereas France's export share decreased by 10.65%. Belgium's exports drastically reduced to zero. Emerging markets like Poland and Spain experienced significant growth, demonstrating a vibrant demand across Europe. However, countries like Sweden and Portugal reported declines. Smaller economies like Estonia and Malta witnessed remarkable growth, despite their minor shares. The compound annual growth rate (CAGR) from the previous five years remains critical for understanding long-term trends.
Future trends suggest monitoring technological advancements in lubricant compositions and environmental regulations. As sustainability becomes central to production, new market opportunities may arise, especially in countries with existing manufacturing capabilities. Moreover, geopolitical factors, economic policies, and innovation levels will heavily influence these exports in the coming years.
Top countries in Export 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 Germany | 38.41 | 2023 | +2.36% | +4.09% | View data |
| 2 | 2 Italy | 33.23 | 2023 | -11.64% | +27.39% | View data |
| 3 | 3 France | 9.59 | 2023 | -0.23% | -10.65% | View data |
| 4 | 4 Austria | 5.15 | 2023 | +9.63% | +2.2% | View data |
| 5 | 5 Spain | 3.5 | 2023 | -2.39% | +17.39% | View data |
| 6 | 6 Belgium | 3.12 | 2023 | -48.54% | View data | |
| 7 | 7 Poland | 3.06 | 2023 | +4.61% | +19.95% | View data |
| 8 | 8 Sweden | 1.91 | 2023 | +2.2% | -3.79% | View data |
| 9 | 9 Czechia | 1.23 | 2023 | |||
| 10 | 10 Slovenia | 1.1 | 2023 | +3.83% | +4.93% | View data |
