Price for Lubricating Preparations Not for the Treatment of Materials in Belarus - 2022
Contents:
- Price for Lubricating Preparations Not for the Treatment of Materials in Belarus (CIF) - 2022
- Price for Lubricating Preparations Not for the Treatment of Materials in Belarus (FOB) - 2022
- Imports of Lubricating Preparations Not for the Treatment of Materials in Belarus
- Exports of Lubricating Preparations Not for the Treatment of Materials in Belarus
Price for Lubricating Preparations Not for the Treatment of Materials in Belarus (CIF) - 2022
In March 2022, the average import price for lubricating preparations not for the treatment of materials amounted to $3,818 per ton, reducing by -8.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.3%. The growth pace was the most rapid in April 2021 when the average import price increased by 27% month-to-month. Over the period under review, average import prices hit record highs at $4,323 per ton in December 2021; however, from January 2022 to March 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was the UK ($5,049 per ton), while the price for China ($1,906 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lubricating Preparations Not for the Treatment of Materials in Belarus (FOB) - 2022
In March 2022, the average export price for lubricating preparations not for the treatment of materials amounted to $3,908 per ton, with a decrease of -18.1% against the previous month. Over the period under review, export price indicated a mild expansion from March 2021 to March 2022: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, export price for lubricating preparations not for the treatment of materials increased by +18.7% against January 2022 indices. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 45% m-o-m. Over the period under review, the average export prices attained the maximum at $4,801 per ton in October 2021; however, from November 2021 to March 2022, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($5,946 per ton), while the average price for exports to Kazakhstan ($2,142 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Lubricating Preparations Not for the Treatment of Materials in Belarus
Imports of lubricating preparations not for the treatment of materials into Belarus plummeted to 22K tons in 2022, waning by -34% compared with 2021 figures. Overall, imports saw a precipitous curtailment. The smallest decline of -8% was in 2021.
In value terms, imports of lubricating preparations not for the treatment of materials shrank to $99M in 2022. In general, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 4.8%.
| Import of Lubricating Preparations Not for the Treatment of Materials in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.7 | 26.2 | 27.0 | 22.4 | -12.7% |
| Russia | 29.4 | 21.8 | 20.8 | 18.6 | -14.2% |
| Lithuania | 7.2 | 8.8 | 11.6 | 9.1 | 8.1% |
| Belgium | 12.3 | 9.5 | 10.4 | 8.3 | -12.3% |
| Netherlands | 9.4 | 5.9 | 6.8 | 5.7 | -15.4% |
| South Korea | 8.9 | 7.0 | 3.4 | 5.0 | -17.5% |
| Japan | 6.9 | 6.2 | 5.6 | 4.9 | -10.8% |
| Others | 30.5 | 25.1 | 30.1 | 25.1 | -6.3% |
| Total | 138 | 110 | 116 | 99.0 | -10.5% |
Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Belarus in 2022:
- Russia (7.8K tons)
- Germany (3.6K tons)
- Lithuania (1.6K tons)
- Belgium (1.4K tons)
- Japan (1.4K tons)
- South Korea (1.4K tons)
- Netherlands (1.1K tons)
Exports of Lubricating Preparations Not for the Treatment of Materials in Belarus
In 2022, exports of lubricating preparations not for the treatment of materials from Belarus contracted sharply to 1K tons, with a decrease of -88% against 2021 figures. Over the period under review, exports faced a sharp curtailment. The smallest decline of -17% was in 2021.
In value terms, exports of lubricating preparations not for the treatment of materials shrank sharply to $2.7M in 2022. In general, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 3.2% against the previous year.
| Export of Lubricating Preparations Not for the Treatment of Materials in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 31.9 | 26.2 | 26.0 | 2.5 | -57.2% |
| Ukraine | 0.7 | 0.8 | 1.0 | 0.1 | -47.7% |
| Lithuania | N/A | 0.4 | 0.9 | 0.1 | -50.0% |
| Kazakhstan | 0.5 | 0.5 | 0.2 | N/A | -36.8% |
| Others | 0.3 | 0.1 | 0.6 | N/A | 41.4% |
| Total | 33.5 | 27.9 | 28.8 | 2.7 | -56.8% |
Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Belarus in 2022:
- Russia (952.3 tons)
- Ukraine (25.3 tons)
- Kazakhstan (23.1 tons)
- Lithuania (18.3 tons)
738
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Belarus.
678
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
738
This report provides an in-depth analysis of the market for petroleum lubricating oil and grease in Belarus.
678
This report provides an in-depth analysis of the global market for petroleum lubricating oil and grease.
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