The lubricant market (except for textile and leather use) in the UAE, with products composed of less than 70% petroleum oil, has experienced fluctuations in per capita value from 2013 to 2023. In 2023, the per capita value was $8.23, reflecting a slight increase compared to 2022. The year-on-year variation between 2022 and 2023 was 0.49%, showing stabilization following a significant drop in 2020 by 16.52% due to economic disruptions. Over the last five years, the Compound Annual Growth Rate (CAGR) was approximately 1.21%, indicating slow but steady market recovery and growth.

Future trends to watch include:

Advancements in synthetic lubricants addressing environmental concerns.
Increased demand fueled by industrial growth and technological developments in machinery.
Potential market disruptions due to shifts in global oil prices, influencing the pricing strategies within the region.