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Slovakia - Additives For Lubricating Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLubricating Oil Additive Price in Slovakia - 2023
Contents:
- Lubricating Oil Additive Price in Slovakia (FOB) - 2023
- Lubricating Oil Additive Price in Slovakia (CIF) - 2022
- Lubricating Oil Additive Exports in Slovakia
- Lubricating Oil Additive Imports in Slovakia
Lubricating Oil Additive Price in Slovakia (FOB) - 2023
The average lubricating oil additive export price stood at $4,041 per ton in June 2023, with an increase of 3.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in July 2022 when the average export price increased by 16% month-to-month. The export price peaked at $4,625 per ton in February 2023; however, from March 2023 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($20,657 per ton), while the average price for exports to France totaled $4,018 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+17.4%), while the prices for the other major destinations experienced mixed trend patterns.
Lubricating Oil Additive Price in Slovakia (CIF) - 2022
In 2022, the average lubricating oil additive import price amounted to $9,638 per ton, surging by 44% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% 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 +124.5% against 2013 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($16,855 per ton), while the price for France ($3,973 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricating Oil Additive Exports in Slovakia
After three years of growth, shipments abroad of additives for lubricating oils decreased by -28.5% to 4.7K tons in 2022. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports attained the peak of 6.6K tons, and then declined rapidly in the following year.
In value terms, lubricating oil additive exports dropped to $17M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $18M, and then declined in the following year.
Export of Lubricating Oil Additive in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 4.8 | 4.2 | 6.8 | 9.5 | 25.6% |
Germany | 7.1 | 6.8 | 9.9 | 7.4 | 1.4% |
Russia | N/A | 1.2 | 0.5 | 0.1 | -71.1% |
Singapore | 1.0 | 0.8 | N/A | N/A | -20.0% |
Others | 2.4 | 1.2 | 0.9 | 0.5 | -40.7% |
Total | 15.3 | 14.2 | 18.2 | 17.4 | 4.4% |
Top Export Markets for Lubricating Oil Additive from Slovakia in 2022:
- Russia (undefinedK tons)
- France (2.6K tons)
- Germany (2.0K tons)
Lubricating Oil Additive Imports in Slovakia
In 2022, after three years of growth, there was significant decline in overseas purchases of additives for lubricating oils, when their volume decreased by -58.8% to 65 tons. Over the period under review, imports saw a significant decrease. The pace of growth was the most pronounced in 2021 when imports increased by 13% against the previous year. As a result, imports attained the peak of 158 tons, and then contracted remarkably in the following year.
In value terms, lubricating oil additive imports shrank significantly to $628K in 2022. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year.
Import of Lubricating Oil Additive in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 146 | 643 | 383 | 256 | 20.6% |
Germany | 168 | 133 | 186 | 175 | 1.4% |
Poland | 112 | 75.5 | 304 | 52.5 | -22.3% |
France | 66.1 | 126 | 92.1 | 48.7 | -9.7% |
Belgium | 33.4 | 12.0 | 24.5 | 36.9 | 3.4% |
China | N/A | N/A | 10.1 | 35.5 | 251.5% |
Austria | 2.5 | 10.1 | 11.6 | 15.2 | 82.5% |
Italy | 88.5 | 0.1 | 0.2 | 0.2 | -86.9% |
Others | 196 | 18.6 | 45.1 | 7.5 | -66.3% |
Total | 812 | 1,018 | 1,057 | 628 | -8.2% |
Top Suppliers of Lubricating Oil Additive to Slovakia in 2022:
- Germany (19.5 tons)
- Czech Republic (15.2 tons)
- France (12.3 tons)
- Poland (9.6 tons)
- Belgium (4.2 tons)
- China (2.7 tons)
- Austria (1.3 tons)
- Italy (0.1 tons)
This report provides an in-depth analysis of the lubricating oil additive market in Slovakia. 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:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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 Slovakia.
This report provides an in-depth analysis of the lubricant additives market in Slovakia.
This report provides an in-depth analysis of the anti-knock preparations market in Slovakia.
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 Slovakia.
This report provides an in-depth analysis of the lubricant additives market in Slovakia.
This report provides an in-depth analysis of the anti-knock preparations market in Slovakia.
This report provides an in-depth analysis of the global lubricating oil additive market.
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