VEHICLES AND EQUIPMENT
LUBRICANTS
| Edition | 18 |
| Publication Year | June, 2019 |
| Country | Greece |
| Price | 590.00€ |
The overall consumption of vehicle lubricants has reported slight fluctuations in recent years and in 2018 it increased by 2.1% compared to 2017. Mineral motor oils accounted for 50.6% of the overall consumption in 2018, synthetic/semi synthetic lubricants accounted for 38.8% and valvolines for 10.6%.
The value of the market of vehicle lubricants (at wholesale prices) increased by 9% compared to 2017.
The domestic consumption (in quantity) of industrial lubricants was in decline during 2010-2016, as the fall in domestic industrial and construction activity has significantly affected the market in recent years.
However, over 2017-2018 the downward trend was halted, as there were signs of recovery. Particularly, in 2018 the market is estimated to have registered a rise of 2.9% compared to 2017. A slight rise is expected for 2019 (+1.4%).
The domestic consumption of marine lubricants increased by 2.3% in 2018 compared to 2017.