Italy - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLubricant Additives Price in Italy - 2023
Contents:
- Lubricant Additives Price in Italy (FOB) - 2023
- Lubricant Additives Price in Italy (CIF) - 2023
- Lubricant Additives Exports in Italy
- Lubricant Additives Imports in Italy
Lubricant Additives Price in Italy (FOB) - 2023
In July 2023, the average lubricant additives export price amounted to $4,410 per ton, remaining relatively unchanged against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 6.8% m-o-m. As a result, the export price attained the peak level of $4,627 per ton. From May 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the United States ($5,180 per ton), while the average price for exports to Brazil ($3,256 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricant Additives Price in Italy (CIF) - 2023
The average lubricant additives import price stood at $3,809 per ton in July 2023, with a decrease of -8% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2022 an increase of 6.1% month-to-month. The import price peaked at $4,230 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($5,835 per ton), while the price for Spain ($2,666 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricant Additives Exports in Italy
In 2022, the amount of prepared additives for mineral oils exported from Italy was estimated at 308K tons, growing by 4% on the year before. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 4.6%.
In value terms, lubricant additives exports skyrocketed to $1.3B in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Lubricant Additives in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 123 | 123 | 138 | 183 | 14.2% |
Belgium | 110 | 111 | 128 | 164 | 14.2% |
Germany | 102 | 108 | 121 | 156 | 15.2% |
United States | 92.4 | 88.8 | 88.1 | 134 | 13.2% |
Spain | 59.6 | 53.5 | 58.7 | 69.1 | 5.1% |
Turkey | 34.4 | 34.9 | 35.3 | 64.2 | 23.1% |
Netherlands | 28.8 | 30.8 | 37.4 | 50.7 | 20.7% |
China | 66.4 | 47.2 | 50.4 | 39.9 | -15.6% |
Brazil | 27.2 | 26.4 | 27.5 | 36.7 | 10.5% |
Singapore | 25.3 | 28.8 | 17.1 | 35.3 | 11.7% |
United Arab Emirates | 56.9 | 26.7 | 26.1 | 33.1 | -16.5% |
Egypt | 10.5 | 10.0 | 10.8 | 29.8 | 41.6% |
Saudi Arabia | 17.8 | 18.3 | 22.9 | 28.8 | 17.4% |
Others | 294 | 245 | 283 | 317 | 2.5% |
Total | 1,047 | 952 | 1,045 | 1,342 | 8.6% |
Top Export Markets for Lubricant Additives from Italy in 2022:
- France (38.9K tons)
- Belgium (38.3K tons)
- Germany (34.2K tons)
- United States (27.9K tons)
- Spain (15.1K tons)
- Turkey (14.2K tons)
- China (12.0K tons)
- Netherlands (11.3K tons)
- Singapore (10.5K tons)
- Brazil (9.9K tons)
- Saudi Arabia (7.6K tons)
- Egypt (7.6K tons)
- United Arab Emirates (7.4K tons)
Lubricant Additives Imports in Italy
In 2022, the amount of prepared additives for mineral oils imported into Italy shrank modestly to 151K tons, which is down by -3.1% on the year before. Over the period under review, imports recorded a deep setback. The growth pace was the most rapid in 2021 when imports increased by 0.4% against the previous year.
In value terms, lubricant additives imports soared to $587M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Lubricant Additives in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 311 | 260 | 290 | 358 | 4.8% |
Germany | 50.2 | 31.6 | 37.7 | 46.7 | -2.4% |
South Korea | 28.1 | 22.0 | 26.2 | 45.3 | 17.3% |
Belgium | 24.2 | 28.2 | 31.5 | 42.8 | 20.9% |
United States | 39.6 | 30.7 | 31.3 | 40.1 | 0.4% |
United Kingdom | 25.4 | 18.2 | 10.5 | 18.3 | -10.4% |
Netherlands | 27.9 | 6.5 | 7.9 | 12.2 | -24.1% |
Spain | 22.0 | 4.9 | 6.3 | 8.7 | -26.6% |
Poland | 0.1 | 0.1 | 1.5 | 3.1 | 214.1% |
Others | 11.3 | 14.1 | 16.7 | 11.7 | 1.2% |
Total | 540 | 416 | 460 | 587 | 2.8% |
Top Suppliers of Lubricant Additives to Italy in 2022:
- France (95.9K tons)
- South Korea (11.9K tons)
- Germany (10.6K tons)
- Belgium (9.5K tons)
- United States (8.0K tons)
- United Kingdom (3.9K tons)
- Poland (2.8K tons)
- Netherlands (2.5K tons)
- Spain (2.5K tons)
This report provides an in-depth analysis of the lubricant additives market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20594250 - Anti-knock preparations
- Prodcom 20594270 - Additives for lubricating oils
- Prodcom 20594290 - Additives for mineral oils or for other liquids used for the same purpose as mineral oils (including gasoline) (excluding anti-knock preparations, additives for lubricating oils)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the lubricant additives market in Italy.
This report provides an in-depth analysis of the lubricating oil additive market in Italy.
This report provides an in-depth analysis of the anti-knock preparations market in Italy.
This report provides an in-depth analysis of the global lubricant additives market.
This report provides an in-depth analysis of the global lubricating oil additive market.
This report provides an in-depth analysis of the global anti-knock preparations market.
This report provides an in-depth analysis of the lubricant additives market in Italy.
This report provides an in-depth analysis of the lubricating oil additive market in Italy.
This report provides an in-depth analysis of the anti-knock preparations market in Italy.
This report provides an in-depth analysis of the global lubricant additives market.
In January 2023, the price of Lubricating Oil Additive per ton (FOB, Italy) was $4,514, an increase of 2.3% compared to the previous month.
Explore the top import markets for lubricant additives and their key statistics and figures. Find out the leading countries, import values, and potential growth opportunities.
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Global lubricant additives imports totaled X tons in 2016, stabilizing at the previous year level. In general, lubricant additives imports continue to indicate a relatively flat trend pattern. Th...
Global lubricant additives imports totaled X tons in 2016, stabilizing at the previous year level. In general, lubricant additives imports continue to indicate a relatively flat trend pattern. Th...
The U.S. continued its dominance in the global trade of prepared additives for mineral oils. In 2014, the U.S. exported X thousand tons of prepared additives for mineral oils totaling X million USD, X% under the previous year. Its primary tradi
Explore the top import markets for lubricating oil additives, including China, Belgium, Germany, and more. Get key statistics and market insights from the IndexBox platform.
In January 2023, the price of Lubricating Oil Additive per ton (FOB, Italy) was $4,514, an increase of 2.3% compared to the previous month.
Explore the top import markets for lubricant additives and their key statistics and figures. Find out the leading countries, import values, and potential growth opportunities.