In 2023, Japan led global exports of non-petroleum based lubricants, followed by Germany and the Netherlands. Notable growth over five years includes Poland, showing a significant increase. Conversely, Singapore and Argentina experienced notable declines. Year-on-year variation indicates Hungary and Greece as emerging players with over 70% growth. Other countries like Morocco and El Salvador demonstrated strong upward trends. The markets in France, Canada, and Brazil faced declines, with fluctuations reflecting economic and geopolitical factors affecting trade dynamics.
Future trends to watch include increased demand for sustainable products, potential growth in Asia-Pacific regions, and the impact of environmental regulations on production and exportation strategies.
Top countries in Export of Non-Petroleum Based Lubricant by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 370,480,000 | 2023 | +2.93% | +3.21% | View data |
| 2 | 2 Germany | 290,830,000 | 2023 | +1.53% | +1.35% | View data |
| 3 | 3 Netherlands | 66,541,000 | 2023 | +1.36% | +1.49% | View data |
| 4 | 4 United States | 64,211,000 | 2023 | +0.81% | +0.71% | View data |
| 5 | 5 Italy | 60,773,000 | 2023 | +0.91% | +0.97% | View data |
| 6 | 6 Spain | 23,529,000 | 2023 | +0.27% | +0.27% | View data |
| 7 | 7 China | 21,840,000 | 2023 | +2.81% | +1.32% | View data |
| 8 | 8 United Kingdom | 19,932,000 | 2023 | +1.56% | +1.52% | View data |
| 9 | 9 France | 8,863,500 | 2023 | -0.66% | -1.08% | View data |
| 10 | 10 South Korea | 7,515,900 | 2023 | +2.84% | +1.18% | View data |
