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Norway - Additives For Lubricating Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLubricating Oil Additive Price in Norway - 2023
Contents:
- Lubricating Oil Additive Price in Norway (CIF) - 2022
- Lubricating Oil Additive Price in Norway (FOB) - 2022
- Lubricating Oil Additive Imports in Norway
- Lubricating Oil Additive Exports in Norway
Lubricating Oil Additive Price in Norway (CIF) - 2022
In 2022, the average lubricating oil additive import price amounted to $6,912 per ton, waning by -10% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lubricating oil additive import price increased by +40.6% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the peak figure at $10,552 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($20,698 per ton), while the price for France ($4,364 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricating Oil Additive Price in Norway (FOB) - 2022
In 2022, the average lubricating oil additive export price amounted to $35,161 per ton, waning by -35.4% against the previous year. In general, the export price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 58% against the previous year. As a result, the export price attained the peak level of $54,389 per ton, and then fell dramatically in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($135,942 per ton), while the average price for exports to the United Arab Emirates ($9,547 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+43.6%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricating Oil Additive Imports in Norway
In 2022, lubricating oil additive imports into Norway fell to 102 tons, with a decrease of -12.2% on the year before. Overall, imports recorded a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year.
In value terms, lubricating oil additive imports contracted rapidly to $704K in 2022. In general, imports showed a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year.
Import of Lubricating Oil Additive in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 1,907 | 213 | 217 | 247 | -49.4% |
Germany | 159 | 138 | 257 | 241 | 14.9% |
United States | 106 | 175 | 239 | 65.6 | -14.8% |
United Kingdom | 29.0 | 7.0 | 100 | 44.9 | 15.7% |
Netherlands | 46.6 | 33.9 | 21.8 | 16.2 | -29.7% |
Others | 145 | 47.9 | 57.4 | 89.4 | -14.9% |
Total | 2,393 | 616 | 892 | 704 | -33.5% |
Top Suppliers of Lubricating Oil Additive to Norway in 2022:
- Sweden (50.2 tons)
- Germany (37.5 tons)
- United Kingdom (3.8 tons)
- United States (3.6 tons)
- Netherlands (1.7 tons)
Lubricating Oil Additive Exports in Norway
In 2022, exports of additives for lubricating oils from Norway skyrocketed to 6.4 tons, picking up by 31% compared with the year before. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.3% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 65%. As a result, the exports reached the peak of 7.8 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, lubricating oil additive exports dropped notably to $225K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 141%. As a result, the exports attained the peak of $270K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Lubricating Oil Additive in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 1.3 | 85.4 | 86.2 | 73.8 | 284.3% |
Denmark | 9.0 | N/A | 15.3 | 39.1 | 63.2% |
Australia | N/A | 10.3 | 51.7 | 32.5 | 77.6% |
Senegal | N/A | N/A | N/A | 24.3 | 0% |
Taiwan (Chinese) | 8.4 | 1.3 | N/A | 7.2 | -5.0% |
Angola | N/A | 36.4 | 0.4 | 4.6 | -64.5% |
United Arab Emirates | N/A | N/A | 0.2 | 3.8 | 1800.0% |
Singapore | N/A | 41.4 | 3.6 | 0.9 | -85.3% |
Sweden | 20.9 | 59.0 | 3.5 | 0.3 | -75.7% |
United States | 60.4 | N/A | N/A | N/A | 0% |
Others | 11.9 | 35.7 | 103 | 38.1 | 47.4% |
Total | 112 | 270 | 264 | 225 | 26.2% |
Top Export Markets for Lubricating Oil Additive from Norway in 2022:
- Denmark (3408.0 kg)
- United Kingdom (798.0 kg)
- Australia (475.0 kg)
- Taiwan (Chinese) (413.0 kg)
- United Arab Emirates (400.0 kg)
- Angola (351.0 kg)
- Senegal (179.0 kg)
- Singapore (28.0 kg)
- Sweden (20.0 kg)
This report provides an in-depth analysis of the lubricating oil additive market in Norway. 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 20594270 - Additives for lubricating oils
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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
-
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 lubricating oil additive market in Norway.
This report provides an in-depth analysis of the lubricant additives market in Norway.
This report provides an in-depth analysis of the anti-knock preparations market in Norway.
This report provides an in-depth analysis of the global lubricating oil additive market.
This report provides an in-depth analysis of the global lubricant additives market.
This report provides an in-depth analysis of the global anti-knock preparations market.
This report provides an in-depth analysis of the lubricating oil additive market in Norway.
This report provides an in-depth analysis of the lubricant additives market in Norway.
This report provides an in-depth analysis of the anti-knock preparations market in Norway.
This report provides an in-depth analysis of the global lubricating oil additive market.
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