The Petroleum Based Lubricant Market Size Value Per Capita in New Zealand showed a growth from $19.08 to $27.58 between 2013 and 2023. In 2023, the per capita expenditure reached $27.58, reflecting significant growth over the decade. Compared to 2022, 2023 displayed an increase of approximately 1.77% per capita. Analyzing the previous five years (2018-2023), a Compound Annual Growth Rate (CAGR) reveals an average annual growth of approximately 2.52%.
Future trends to watch for include the potential influence of global oil price fluctuations, technological advancements in lubrication, and the growing emphasis on sustainability that may drive innovations in eco-friendly lubricants affecting overall market growth dynamics.
| # | 43 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 40.43 | 2023 | View data | ||
| 2 | 2 Iceland | 40.38 | 2023 | View data | ||
| 3 | 3 Sweden | 39.21 | 2023 | View data | ||
| 4 | 4 Norway | 35.62 | 2023 | View data | ||
| 5 | 5 Canada | 32 | 2023 | View data | ||
| 6 | 6 Germany | 28.52 | 2023 | View data | ||
| 7 | 7 New Zealand | 27.58 | 2023 | |||
| 8 | 8 France | 27.55 | 2023 | View data | ||
| 9 | 9 Slovakia | 26.96 | 2023 | View data | ||
