The European lubricants export market is led by the Netherlands, Germany, and Belgium in 2024, with significant contributions from Italy and France. The Netherlands shows robust growth with a year-on-year increase of 7.07%, while Germany and Belgium also expand, albeit moderately. However, traditional markets like France, United Kingdom, and Italy are experiencing declines, reflected in negative year-on-year variations. Smaller economies such as Latvia and Slovakia demonstrate notable expansions, likely reflective of developing market opportunities. Meanwhile, Eastern European nations such as Macedonia and Kosovo show exceptional growth rates, underscoring emerging trends in the region.
Future trends to monitor include the sustained growth in smaller emerging markets, which may indicate shifting dynamics in the European lubricant export landscape. Furthermore, attention should be given to technological advancements and environmental regulations, which might impact production and export strategies. The stability of larger markets in Western Europe could be challenged unless they adapt to changing demands and innovative solutions.
Top countries in Lubricants Exports by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 28,530 | 2023 | +2.88% | +7.07% | View data |
| 2 | 2 Germany | 20,850 | 2023 | +3.53% | +2.67% | View data |
| 3 | 3 Belgium | 19,950 | 2023 | +7.9% | +1.57% | View data |
| 4 | 4 Italy | 11,780 | 2023 | +0.69% | -1.82% | View data |
| 5 | 5 France | 11,640 | 2023 | -0.0054% | -1.94% | View data |
| 6 | 6 Finland | 5,020 | 2023 | +1.78% | +0.34% | View data |
| 7 | 7 Poland | 4,990 | 2023 | +4.45% | -2.06% | View data |
| 8 | 8 Sweden | 3,950 | 2023 | -5.38% | -2.36% | View data |
| 9 | 9 United Kingdom | 3,780 | 2023 | -2.58% | -6.83% | View data |
| 10 | 10 Greece | 2,150 | 2023 | +1.29% | -2% | View data |
