The East Africa Automotive Lubricants market is projected to grow at a CAGR of around 4.83% during the forecast period, i.e., 2023-28.                                       

East Africa Automotive Lubricants Market Dynamics:

Key Driver: Rising Vehicle Fleet Size Due to Improved Living Standard to Promote the Market

The East African countries have witnessed a sustained upsurge in the sales of automotive vehicles that has led to an increase in the demand for automotive lubricants such as engine oil. Brake & gear oil, transmission fluid, etc. The lower prices of pre-owned cars in East African countries have enhanced the sales of automobiles. The sales in the countries have also increased with the growing need for personal vehicles by customers. For instance, as per the automotive database service provider Focus2Move, Kenya’s automotive market, with sales of around 5,400 new cars, exhibited an increase of nearly 4.7% in 2022 compared to 2021. A similar growth trend was observed in Ethiopia, with sales of about 1,503 cars in 2022 & around 5.6% growth from 2021.

Additionally, the region is also experiencing a sizeable influx of pre-owned cars from other regional markets, such as the Middle East & Asia-Pacific regions, that are relatively economical compared to the newer ones. Hence, this is again a notable factor due to which the market is expected to witness a substantial growth rate in the forecast years.

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Market Dimensions & Projections

  • Pricing Evaluation
  • Recent Strategic Moves by Companies
  • Primary Stakeholders
  • Import/Export Trend Analysis
  • Competitive Landscape Assessment
  • Emerging Opportunities
  • Market Trends and Indicators

 

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East Africa Automotive Lubricants Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2022

-Historical Period: 2018 to 2021

-Forecast Period: 2023-28

  • By Type
    • Engine Oil
    • Gear Oil
    • Transmission Fluids
    • Brake Fluids
    • Greases
    • Coolants & Antifreezes
    • Others (Additives, Oil Bender, etc.)
  • By Base Oil
    • Mineral Oil Lubricants
    • Synthetic Lubricants
    • Semi-Synthetic Lubricants
  • By Vehicle Type
    • Two-Wheelers
    • Passenger Cars
    • Commercial Vehicles
      • Light Commercial Vehicles
      • Medium & Heavy Commercial Vehicles
  • By Country
    • Ethiopia
    • Kenya
    • Somalia
    • Tanzania
    • Uganda
    • South Sudan
    • Others

 

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Total Energies-Kenya, Shell-Kenya, Kenol Kobil, Vevo Energy, Rubis Energy Uganda, Puma Energy Tanazania, Oryx Energies, Yetebaberut Beherawi Petroleum (YBP), East Africa Gasoil Ltd., Africa Fuel & Lubricants Ltd., Others

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