In 2024, the forecasted import of lubricating oil additives with petroleum or bitumen oil to France is approximately 133.09 million kilograms. By 2028, this figure is expected to grow steadily to 135.97 million kilograms. The year-on-year growth rate suggests a gradual increase each year, with the compound annual growth rate (CAGR) over the five-year period being low yet positive. In 2023, the actual import volume was slightly below 133.09 million kilograms, indicating a stable market with incremental growth.
Future trends to watch for include potential shifts in oil additive formulations due to evolving environmental regulations and advancements in automotive technology. Additionally, changes in global oil supply and demand dynamics could influence import volumes significantly.
