Germany leads European lubricant refinery output in 2024 with 30.88 TWh, showing a steady increase with a year-on-year growth of 1.56% in 2023. The Netherlands and Italy follow with 13.97 TWh and 13.75 TWh respectively, though Italy saw a decline of 2.63%. Poland and Sweden, with 5.0 TWh and 4.36 TWh respectively, also experienced modest declines. Spain, Finland, and France exhibit notable variances; Finland marginally increased by 1.21%, whereas France declined significantly by 11.82%. The United Kingdom's output dropped by 9.42%, and Greece saw a decrease of 2.35%. Lithuania's increase of 7.81% is noteworthy among smaller markets, with Serbia also showing a 3.23% growth. Smaller countries like Moldova and Bosnia and Herzegovina have minimal contributions with notable declines.
Future trends to watch include the potential impact of environmental regulations, technological advancements in lubricant formulations, and the shifting focus towards sustainable and renewable lubricants. Countries like Germany and Lithuania might continue to drive innovation and output growth, while markets facing declines need to address underlying challenges.
Top countries in Lubricants Refinery Output by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30,880 | 2023 | +1.13% | +1.56% | View data |
| 2 | 2 Netherlands | 13,970 | 2023 | +0.23% | View data | |
| 3 | 3 Italy | 13,750 | 2023 | -0.38% | -2.63% | View data |
| 4 | 4 Poland | 5,000 | 2023 | -0.039% | -1.92% | View data |
| 5 | 5 Sweden | 4,360 | 2023 | +6.33% | -0.77% | View data |
| 6 | 6 Spain | 4,170 | 2023 | +2.64% | -1.94% | View data |
| 7 | 7 Finland | 3,620 | 2023 | +6.65% | +1.21% | View data |
| 8 | 8 France | 3,550 | 2023 | -18.7% | -11.82% | View data |
| 9 | 9 United Kingdom | 3,170 | 2023 | -5.55% | -9.42% | View data |
| 10 | 10 Greece | 2,910 | 2023 | -0.36% | -2.35% | View data |
