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Japan's lubricating oil demand declines

 Last Update: 2022-01-23
 Source: Internet
 Author: User

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According to recent news from "Asian Lubricants Weekly", the demand for finished lubricants in Japan in November 2021 fell by more than 10% compared with the same period of the previous year, but slightly increased from October

According to a report released by Japan's Ministry of Economy, Trade and Industry on December 28, 2021, the country's lubricant consumption in November fell by 11% to 110,599 kiloliters, down from 124,191 kiloliters in November 2020, but higher than in October 2021.

Lubricant production (including exports) in Japan in November 2021 fell 3% year-on-year to 145,128 kl, although this was up slightly from 145,046 kl in October

In November 2021, Japan imported 21,704 kiloliters of lubricants, down 21% from 27,587 kiloliters in the same period last year

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