In 2023, Spain led the European export of biodegradable lubricants with a substantial increase of 19.5%, reaching a value share of 37.81 kilograms. Belgium followed with 30.55 kilograms, experiencing a 9.61% rise. Conversely, Germany saw a significant drop of 35.83%, while Italy declined by 46.08%. The Netherlands saw a notable growth of 52.03%, and Sweden increased by 45.22%. Despite these shifts, the UK's exports remained stable. Ireland stood out with a remarkable 369.06% increase, although from a low base, illustrating potential market development.
Future trends suggest continued interest in environmentally friendly solutions, driving demand for biodegradable lubricants. As regulatory pressures and consumer preferences align, countries with growing recognition in sustainable technologies, like Ireland and the Netherlands, may gain market share. Additionally, the European Union’s Green Deal could further stimulate export growth, while technological advances and more sustainable production methods may offer competitive advantages for these markets.
Top countries in Export of Lubricants Having a Bio-Based Carbon Content of at Least 25% by Mass and Which Are Biodegradable at a Level of at Least 60% Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 37.81 | 2023 | +8.48% | +19.5% | View data |
| 2 | 2 Belgium | 30.55 | 2023 | +10.47% | +9.61% | View data |
| 3 | 3 Germany | 18.08 | 2023 | +0.038% | -35.83% | View data |
| 4 | 4 Italy | 3.18 | 2023 | -0.5% | -46.08% | View data |
| 5 | 5 Netherlands | 2.01 | 2023 | +27.71% | +52.03% | View data |
| 6 | 6 United Kingdom | 1.27 | 2023 | -5.44% | View data | |
| 7 | 7 Sweden | 0.67 | 2023 | +31.45% | +45.22% | View data |
| 8 | 8 Estonia | 0.57 | 2023 | +26.61% | +19.43% | View data |
| 9 | 9 Austria | 0.31 | 2023 | +12.35% | +9.37% | View data |
| 10 | 10 Denmark | 0.084 | 2021 | +270.43% | View data |
