ΜΕΤΑΦΟΡΙΚΑ ΜΕΣΑ ΚΑΙ ΕΞΟΠΛΙΣΜΟΣ

LUBRICANTS

Edition 18
Publication Year June, 2019
Country Greece
Price 590.00€

LUBRICANTS

The sector of lubricants consists of a significant number of companies (manufacturers of base oils and final lubricants and importers) among which there is diversity in terms of size and the degree of their activity in the sector. The sector involves the markets of vehicle lubricants, industrial lubricants, marine lubricants and aviation lubricants.
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.