In 2022, Europe's base oil market stood at a value of 7.2 billion U.S. dollars, which represented a slight increase of three percent compared to the previous year. The market value of base oil in Europe is expected to continuously increase to 10.2 billion U.S. dollars in 2032.
Market value of base oil in Europe from 2018 to 2022 with a forecast from 2023 to 2032
(in million U.S. dollars)
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Inkwood Research. (May 17, 2023). Market value of base oil in Europe from 2018 to 2022 with a forecast from 2023 to 2032 (in million U.S. dollars) [Graph]. In Statista. Retrieved January 04, 2025, from https://www.statista.com/statistics/1388646/base-oil-market-value-in-europe/
Inkwood Research. "Market value of base oil in Europe from 2018 to 2022 with a forecast from 2023 to 2032 (in million U.S. dollars)." Chart. May 17, 2023. Statista. Accessed January 04, 2025. https://www.statista.com/statistics/1388646/base-oil-market-value-in-europe/
Inkwood Research. (2023). Market value of base oil in Europe from 2018 to 2022 with a forecast from 2023 to 2032 (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 04, 2025. https://www.statista.com/statistics/1388646/base-oil-market-value-in-europe/
Inkwood Research. "Market Value of Base Oil in Europe from 2018 to 2022 with a Forecast from 2023 to 2032 (in Million U.S. Dollars)." Statista, Statista Inc., 17 May 2023, https://www.statista.com/statistics/1388646/base-oil-market-value-in-europe/
Inkwood Research, Market value of base oil in Europe from 2018 to 2022 with a forecast from 2023 to 2032 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1388646/base-oil-market-value-in-europe/ (last visited January 04, 2025)
Market value of base oil in Europe from 2018 to 2022 with a forecast from 2023 to 2032 (in million U.S. dollars) [Graph], Inkwood Research, May 17, 2023. [Online]. Available: https://www.statista.com/statistics/1388646/base-oil-market-value-in-europe/
Oil industry worldwide
