UEIL provides statistics for the European lubricant industry which are updated every year
As the European association for the sector, it is an important part of UEIL’s mission to provide reliable sector’s statistics to provide data for national as well as EU policy makers, and support decision makers in the industry. Moreover, as the representative body for the sector across Europe, UEIL is truly independent and impartial and can talk with authority about what is occurring within the sector at any moment in time and communicate to the relevant stakeholders and policy-makers on the strategic issues that our industry is facing.
UEIL has appointed one of the foremost industry experts to lead the Statistics committee
The Statistics committee members have been chosen to secure the right mix of skills, knowledge and experience of the lubricant industry.
Apu Gosalia, Vice President Sustainability & Intelligence with FUCHS PETROLUB, has been appointed as Chairman of the UEIL Industry Statistics Committee. His role is to lead the impartial evaluation and review of the set of independent variables underpinning the data model to ensure that any data sets are valid and reliable. With experience gathered over many years working on lubricant market intelligence at FUCHS, which he frequently also shares with the industry in presentations at base oil and lubricant conferences, Apu adds a great value and expertise in his role leading the committee.
Christian Hartmann, President of GEIR and Managing Director of Puraglobe, brings a wealth of experience, based on his knowledge of waste oil collection data, which represent a valuable source of information for countries where data on lubricant consumption are not reported.
David Wright, UKLA Director General, brings in several years of experience of project management for the lubricant industry statistics and represents as well the second largest lubricant market in Europe.
A great effort has been put in securing data quality and reliability
The new UEIL Industry Statistics use a sophisticated algorithm developed with the support of an independent statistical agency called Associazione Italiana degli Economisti dell’Energia (AIEE). Based in Rome, AIEE is a leading independent non-profit consulting organisation which advises governments on issues relating to economics and energy use. Partnering with a reputable organisation is of key importance to develop data estimates which are valid and reliable to supplement data that already exists from official sources.
The model is validated by applying the algorithm on the countries where actual lubricant market data exist and checking if the data estimated based on the model are matching the actual data. The model validation shows a high level of accuracy.
The data model is based on a large number of parameters and a complex set of variables
The model is based on independent variables and the sources of data that feed the model are wide-ranging, in order to provide a solid basis for an accurate data estimate.
For industrial lubricants, the model takes into account the nature of industrial production in terms of what is made and how it is made and the amount of ‘value added’ that each country brings to its industrial production,as this is of crucial importance to understand the way lubricants are used indifferent ways from metalworking through to industrial gears and hydraulics.
For automotive lubricants, the model takes into consideration different drivers of behaviour underpinning vehicle use in a country, starting with the number of vehicles in use, the types of vehicle movements, the nature of vehicle use such as car sharing, the ways in which vehicles are maintained and the age of the car population, are all factors impacting upon automotive lubricant consumption.
The data model takes into account differences in the nature of the economies of the different countries.
Local country characteristics are considered in the new and improved data model. The nature of different economies across Europe is very apparent. Germany as an industrial heartland is different in nature to a service-led economy such as the United Kingdom. Lubricant production and consumption will differ in these countries due to the very nature of their economies. Country characteristics are accurately captured and reflected in the data estimated by the algorithm.
UEIL is constantly developing the statistics
The 2015 and 2016 data sets have been produced based on the new, more sophisticated model which has a significantly higher level of accuracy than previous estimates, with the number of independent variables used having increased. The number of countries included has now reached 18, and more countries will be added each year, with the final ambition of providing comprehensive market data for the lubricant industry for all countries of the EU 28, as well as Turkey and Eastern European countries.
For more information on UEIL industry statistics, contact us as email@example.com.