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Global Petroleum free textile lubricant Market 2026: world trade, top exporters and key figures

World exports of petroleum free textile lubricant (HS 340391) reached $921.4 million in 2024, 5% more than in 2019. Japan was the largest exporter with 45% of the world total, and China was the largest buyer.

+5% since 2019

World exports were 5% higher in 2024 than in 2019 ($876.7 million), calculated from the annual totals

45% of world exports

Japan was the largest exporter in 2024, with 45% of world exports ($410.4 million)

70% of world exports

The three largest exporters, Japan, Germany and China, shipped 70% of world exports in 2024

What this market covers

Lubricating preparations for textiles, leather and furskins that are free of petroleum oil.

Typical segments

  • Synthetic spinning oils
  • Silicone lubricants
  • Plant based finishes
  • Leather oiling agents
ChartWorld exports of HS 340391, USD million
World exports of HS 340391, USD million02505007501,0001,2502017: 876 USD million87620172018: 918 USD million20182019: 877 USD million20192020: 803 USD million20202021: 1,064 USD million20212022: 979 USD million20222023: 874 USD million20232024: 921 USD million9212024

Why this market is moving now

  • World trade grew 5% from 2019 to 2024, a direct read on cross-border demand.
  • China is gaining ground: its exports rose 206% from 2019 to 2024, the fastest among the ten largest exporters.

Key figures

Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.

FigureValueYearCite
World exports of petroleum free textile lubricant (HS 340391) were worth $921.4 million in 2024.921.4 USD million2024
World exports were 5% higher in 2024 than in 2019 ($876.7 million), calculated from the annual totals.+5 % since 20192024
Japan was the largest exporter in 2024, with 45% of world exports ($410.4 million).45 % of world exports2024
The three largest exporters, Japan, Germany and China, shipped 70% of world exports in 2024.70 % of world exports2024
China was the largest importer in 2024, buying $406.2 million, or 44% of world imports.44 % of world imports2024
27 countries exported more than $1 million of this product in 2024.27 countries2024
The average world export price was about $2.66 per kilogram in 2024, calculated from value and weight.2.66 USD per kg2024
Countries exported 346.6 thousand tonnes of this product in 2024.346.6 thousand tonnes2024
Among the ten largest exporters, China grew fastest, with exports up 206% from 2019 to 2024.+206 % since 20192024

Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.

Buyers and suppliers

Who buys

  • Textile mills
  • Leather processors
  • Specialty lubricant distributors

Largest exporting countries, 2024

  1. Japan410.4 USD million
  2. Germany167.7 USD million
  3. China63.3 USD million
  4. Italy61.6 USD million
  5. United States48.9 USD million
  6. Netherlands41.2 USD million
  7. Spain23.7 USD million
  8. Singapore12.8 USD million
  9. United Kingdom9.1 USD million
  10. Taiwan8.9 USD million

Largest importing countries, 2024

  1. China406.2 USD million
  2. India74.4 USD million
  3. Vietnam67.6 USD million
  4. Turkey33.5 USD million
  5. Thailand25.3 USD million
  6. Indonesia22.5 USD million
  7. Italy21.0 USD million
  8. Pakistan19.1 USD million
  9. South Korea16.0 USD million
  10. Brazil15.1 USD million

What the full report covers

  1. 01Executive summary
    The answer in one page: size, direction and what moves it
  2. 02Market definition and scope
    What is in and out of the global market
  3. 03Global market size, 2021 to 2025
    Historical series and growth rates
  4. 04Countries and regions
    Demand, supply and trade by country and region
  5. 05Outlook to 2031
    Base, low and high scenarios with stated assumptions
  6. 06Rules, policy and deadlines
    Regulation and programmes that change demand
  7. 07Drivers and barriers
    What accelerates or slows adoption, by customer segment
  8. 08Prices, costs and margins
    Unit economics where public data allows
  9. 09Competitive landscape
    8 to 12 company profiles with recent moves
  10. 10Opportunities and risks
    For new entrants, suppliers and investors
  11. 11Method and assumptions
    How every figure was built

Included with the full report

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  • Excel data pack
  • Ready-to-use charts
  • Method note and assumptions
  • Written to order in 5 working days
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Frequently asked questions

How big is the global petroleum free textile lubricant market?

There is no single official market total. World exports of HS 340391 reached $921.4 million in 2024, a direct measure of cross-border trade.

Which countries export the most petroleum free textile lubricant?

Japan led world exports in 2024 with 45% of the total, followed by Germany, China and Italy.

Which countries import the most petroleum free textile lubricant?

China was the largest importer in 2024, followed by India, Vietnam and Turkey.

Is world trade in petroleum free textile lubricant growing?

World exports were 5% higher in 2024 than in 2019.

What is the average export price of petroleum free textile lubricant?

Dividing world export value by weight gives about $2.66 per kilogram in 2024.

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