Price for Lubricating Preparations Not for the Treatment of Materials in Slovenia - 2023

Contents:

  1. Price for Lubricating Preparations Not for the Treatment of Materials in Slovenia (CIF) - 2023
  2. Price for Lubricating Preparations Not for the Treatment of Materials in Slovenia (FOB) - 2023
  3. Imports of Lubricating Preparations Not for the Treatment of Materials in Slovenia
  4. Exports of Lubricating Preparations Not for the Treatment of Materials in Slovenia

Price for Lubricating Preparations Not for the Treatment of Materials in Slovenia (CIF) - 2023

In September 2023, the average import price for lubricating preparations not for the treatment of materials amounted to $6,005 per ton, standing approximately at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 11% m-o-m. Over the period under review, average import prices hit record highs in September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($24,290 per ton), while the price for Italy ($3,889 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+15.6%), 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 Slovenia (FOB) - 2023

The average export price for lubricating preparations not for the treatment of materials stood at $5,807 per ton in September 2023, with an increase of 1.7% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 11% month-to-month. Over the period under review, the average export prices hit record highs at $6,150 per ton in May 2023; however, from June 2023 to September 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 Poland ($8,480 per ton), while the average price for exports to Bosnia and Herzegovina ($3,327 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+2.4%), 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 Slovenia

In 2022, approx. 19K tons of lubricating preparations not for the treatment of materials were imported into Slovenia; picking up by 8.1% on 2021. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, imports of lubricating preparations not for treatment of materials reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of lubricating preparations not for the treatment of materials reduced to $88M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 33%. As a result, imports attained the peak of $94M, and then declined in the following year.

Import of Lubricating Preparations Not for the Treatment of Materials in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany33.931.838.035.51.5%
France13.88.510.99.6-11.4%
Belgium3.72.83.98.632.5%
Austria3.07.710.66.932.0%
Italy3.13.95.45.319.6%
Croatia0.73.04.85.092.6%
Netherlands2.63.14.94.620.9%
South Korea0.11.42.23.0210.7%
Czech Republic1.21.85.42.527.7%
Lithuania0.10.10.11.1122.4%
United Kingdom2.61.91.51.1-24.9%
Others6.95.16.74.9-10.8%
Total71.771.194.488.17.1%

Top Suppliers of Lubricating Preparations Not for the Treatment of Materials to Slovenia in 2022:

  1. Germany (7.3K tons)
  2. France (3.6K tons)
  3. Belgium (2.1K tons)
  4. Italy (1.3K tons)
  5. Netherlands (1.1K tons)
  6. Austria (0.9K tons)
  7. Croatia (0.8K tons)
  8. South Korea (0.6K tons)
  9. Czech Republic (0.4K tons)
  10. Lithuania (0.4K tons)
  11. United Kingdom (0.1K tons)

Exports of Lubricating Preparations Not for the Treatment of Materials in Slovenia

In 2022, the amount of lubricating preparations not for the treatment of materials exported from Slovenia shrank to 10K tons, with a decrease of -6.7% against the previous year. In general, exports recorded a pronounced decline. The most prominent rate of growth was recorded in 2021 when exports increased by 31%.

In value terms, exports of lubricating preparations not for the treatment of materials dropped to $54M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $56M, and then dropped modestly in the following year.

Export of Lubricating Preparations Not for the Treatment of Materials in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia8.87.710.911.07.7%
Serbia4.04.45.97.121.1%
Germany5.65.96.66.55.1%
China3.73.28.14.78.3%
Bosnia and Herzegovina3.43.74.34.49.0%
Bulgaria1.51.62.22.823.1%
Hungary1.11.21.92.429.7%
Poland1.41.51.82.114.5%
Taiwan (Chinese)0.71.51.31.528.9%
North Macedonia1.21.41.71.57.7%
Austria0.91.01.01.415.9%
Slovakia0.50.60.71.337.5%
TurkeyN/AN/A0.11.0900.0%
Others6.07.19.65.9-0.6%
Total38.840.856.253.611.4%

Top Export Markets for Lubricating Preparations Not for the Treatment of Materials from Slovenia in 2022:

  1. Croatia (2053.1 tons)
  2. Serbia (1540.2 tons)
  3. Germany (1514.9 tons)
  4. Bosnia and Herzegovina (1122.9 tons)
  5. Hungary (585.6 tons)
  6. China (552.3 tons)
  7. Bulgaria (456.8 tons)
  8. North Macedonia (346.2 tons)
  9. Austria (267.6 tons)
  10. Turkey (265.2 tons)
  11. Poland (249.2 tons)
  12. Slovakia (235.7 tons)
  13. Taiwan (Chinese) (233.2 tons)
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