Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Italy - 2023
Contents:
- Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Italy (FOB) - 2023
- Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Italy (CIF) - 2023
- Exports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Italy
- Imports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Italy
Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Italy (FOB) - 2023
The average export price for lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses stood at $4,412 per ton in November 2023, reducing by -2.3% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 7.8% month-to-month. Over the period under review, the average export prices attained the peak figure at $4,672 per ton in April 2023; however, from May 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($5,780 per ton), while the average price for exports to Singapore ($3,035 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Italy (CIF) - 2023
In November 2023, the average import price for lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses amounted to $4,206 per ton, waning by -2.1% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 5.6% month-to-month. Over the period under review, average import prices hit record highs at $4,299 per ton in October 2023, and then contracted modestly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($121K per ton), while the price for Singapore ($3,067 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+30.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Italy
In 2022, exports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses from Italy rose to 294K tons, surging by 4.3% against 2021 figures. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.5%.
In value terms, exports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses skyrocketed to $1.2B in 2022. The total export value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 115 | 116 | 131 | 163 | 12.3% |
| Germany | 97.6 | 106 | 118 | 140 | 12.8% |
| Belgium | 103 | 104 | 115 | 137 | 10.0% |
| United States | 92.1 | 87.2 | 87.0 | 123 | 10.1% |
| Spain | 58.9 | 52.9 | 57.9 | 62.8 | 2.2% |
| Turkey | 34.1 | 34.6 | 34.6 | 58.8 | 19.9% |
| Netherlands | 26.2 | 28.7 | 33.3 | 41.9 | 16.9% |
| China | 65.7 | 46.5 | 49.9 | 37.4 | -17.1% |
| Singapore | 25.2 | 28.8 | 17.2 | 32.7 | 9.1% |
| Brazil | 26.3 | 25.5 | 27.1 | 32.4 | 7.2% |
| United Arab Emirates | 55.5 | 25.8 | 25.5 | 30.0 | -18.5% |
| Saudi Arabia | 17.7 | 18.1 | 22.7 | 26.4 | 14.3% |
| Egypt | 9.9 | 8.7 | 10.3 | 25.8 | 37.6% |
| Others | 263 | 231 | 267 | 279 | 2.0% |
| Total | 990 | 914 | 995 | 1,190 | 6.3% |
Top Export Markets for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals from Italy in 2022:
- France (36.9K tons)
- Belgium (33.7K tons)
- Germany (33.0K tons)
- United States (27.4K tons)
- Spain (14.9K tons)
- Turkey (14.0K tons)
- China (12.0K tons)
- Singapore (10.5K tons)
- Netherlands (10.2K tons)
- Brazil (9.5K tons)
- Saudi Arabia (7.6K tons)
- United Arab Emirates (7.3K tons)
- Egypt (7.1K tons)
Imports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Italy
In 2022, approx. 124K tons of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses were imported into Italy; waning by -4.6% on the previous year. Over the period under review, imports showed a abrupt descent. The smallest decline of -2.4% was in 2021.
In value terms, imports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses skyrocketed to $446M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 306 | 251 | 278 | 322 | 1.7% |
| United States | 38.2 | 29.1 | 28.3 | 32.8 | -5.0% |
| Belgium | 20.9 | 24.9 | 26.0 | 32.2 | 15.5% |
| Germany | 25.7 | 17.2 | 18.2 | 20.5 | -7.3% |
| United Kingdom | 9.5 | 12.7 | 9.5 | 15.6 | 18.0% |
| Netherlands | 6.2 | 5.1 | 6.3 | 8.8 | 12.4% |
| Others | 14.7 | 14.0 | 17.5 | 13.9 | -1.8% |
| Total | 421 | 353 | 384 | 446 | 1.9% |
Top Suppliers of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals to Italy in 2022:
- France (94.3K tons)
- Belgium (7.9K tons)
- United States (7.4K tons)
- Germany (4.9K tons)
- United Kingdom (3.6K tons)
- Netherlands (2.2K tons)
382
This report provides an in-depth analysis of the lubricating oil additive market in Italy.
735
This report provides an in-depth analysis of the lubricant additives market in Italy.
288
This report provides an in-depth analysis of the anti-knock preparations market in Italy.
947
This report provides an in-depth analysis of the global lubricating oil additive market.
2135
This report provides an in-depth analysis of the global lubricant additives market.
524
This report provides an in-depth analysis of the global anti-knock preparations market.
382
This report provides an in-depth analysis of the lubricating oil additive market in Italy.
735
This report provides an in-depth analysis of the lubricant additives market in Italy.
288
This report provides an in-depth analysis of the anti-knock preparations market in Italy.
947
This report provides an in-depth analysis of the global lubricating oil additive market.
335
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.
165
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.
410
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.
759
In value terms, preparations and charges for fire extinguishers imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; th...
1145
In value terms, preparations and charges for fire extinguishers exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ...
1048
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...
1274
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...
1277
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
335
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.
165
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.
