In 2023, Germany imported petroleum-based lubricants for the treatment of textile, leather, and furskins valued at approximately 3.7 million US dollars. Forecasts for 2024 indicate a slight increase to 3.77 million, with subsequent annual upticks reaching 4.1256 million by 2028. This demonstrates modest year-on-year growth, with variations of about 2.4% annually on average.
Future trends to watch for include potential shifts in environmental regulations affecting petroleum-based products, changes in domestic manufacturing capacities, and evolving trade dynamics which might impact both import volumes and values. Additionally, monitoring the transition towards more sustainable product variants could play a key role in future market evaluations.
