Tanzania Lubricant and Blending Market: Growth, Trends, Opportunities, and Forecast(2021-2028)

Lubricants are important products in terms of ensuring that various machines operate smoothly and do not fail prematurely in order to minimize operational costs in any organization that uses such machines. It is also equally important to ensure that lubricants are formulated, manufactured, handled, and used appropriately to safeguard the given machine’s moving parts that require lubrication and are safely used and disposed of.

In all East African countries, lubricants are either blended/manufactured locally through imported feedstock materials or imported as finished products. In Tanzania, for example, in 2021, 85% of the consumed lubricants were locally blended, and the remaining was imported as finished products. Lubricants consumption continues to increase in almost all countries due relative increase in machines that use lubricants, especially in the automotive and manufacturing industries.

Read also: Tanzania Liquefied Petroleum Gas Market- Industry Analysis and Forecast (2021-2028)

The consumption of lubricants in Tanzania has continued to increase at an average rate of 12% per year, and it will most likely continue to grow.

This report aims to give investors and companies a deeper, more complete understanding of the general overview of the lubricants industry in Tanzania. It covers the regulatory framework and high-level market structure (product importation, consumption, existing players, infrastructure, pricing regime, and industry growth trends).

The profile also covers the required additional cost-effective investment options based on Lubricants import/consumption projections, required facilities codes, standards, estimated investment cost structure, and a list of required equipment/devices for a small lubricant blending and Filling plant, including required permits.