Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in the Czech Republic - 2023
Contents:
- Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in the Czech Republic (CIF) - 2023
- Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in the Czech Republic (FOB) - 2023
- Imports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in the Czech Republic
- Exports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in the Czech Republic
Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in the Czech Republic (CIF) - 2023
In November 2023, the average import price for lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses amounted to $10,379 per ton, rising by 6.9% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 194% against the previous month. As a result, import price reached the peak level of $16,757 per ton. From March 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($17,920 per ton), while the price for the Netherlands ($7,713 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 Germany (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in the Czech Republic (FOB) - 2023
The average export price for lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses stood at $1,281 per ton in November 2023, shrinking by -61.6% against the previous month. Overall, the export price showed a noticeable reduction. The growth pace was the most rapid in June 2023 when the average export price increased by 1,349% m-o-m. As a result, the export price attained the peak level of $27,657 per ton. From July 2023 to November 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Slovakia ($29,049 per ton), while the average price for exports to Poland totaled $1,085 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+5.9%).
Imports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in the Czech Republic
Imports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses into the Czech Republic declined rapidly to 354 tons in 2022, with a decrease of -71.3% on the year before. Overall, imports saw a sharp shrinkage. The smallest decline of -4.8% was in 2020.
In value terms, imports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses contracted remarkably to $3.2M in 2022. In general, imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 3.5% against the previous year. As a result, imports reached the peak of $7.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 491 | 275 | 115 | 1,058 | 29.2% |
| Germany | 1,656 | 1,554 | 1,905 | 770 | -22.5% |
| France | 4,375 | 4,013 | 3,131 | 517 | -50.9% |
| Poland | 244 | 220 | 133 | 404 | 18.3% |
| Belgium | 154 | 145 | 145 | 160 | 1.3% |
| Netherlands | 94.8 | 237 | 196 | 88.5 | -2.3% |
| United Kingdom | 239 | 1,137 | 592 | 38.5 | -45.6% |
| Others | 201 | 132 | 192 | 141 | -11.1% |
| Total | 7,454 | 7,714 | 6,410 | 3,176 | -24.8% |
Top Suppliers of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals to the Czech Republic in 2022:
- France (93.4 tons)
- Germany (91.5 tons)
- Poland (61.2 tons)
- Italy (54.4 tons)
- Belgium (19.4 tons)
- Netherlands (16.4 tons)
- United Kingdom (5.2 tons)
Exports of Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals in the Czech Republic
Exports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses from the Czech Republic soared to 157 tons in 2022, picking up by 117% against the previous year. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of lubricating oil additives; containing petroleum oils or oils obtained from bituminous mineralses surged to $1.4M in 2022. Overall, exports continue to indicate significant growth. 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 the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 42.2 | 98.8 | 204 | 802 | 166.9% |
| Slovakia | 134 | 345 | 429 | 423 | 46.7% |
| Germany | 269 | 185 | 156 | 82.3 | -32.6% |
| Austria | 57.6 | 30.5 | 44.1 | 35.9 | -14.6% |
| Russia | 84.9 | 160 | 19.9 | 12.5 | -47.2% |
| Others | 39.5 | 66.2 | 124 | 85.5 | 29.4% |
| Total | 628 | 886 | 977 | 1,442 | 31.9% |
Top Export Markets for Lubricating Oil Additives; Containing Petroleum Oils or Oils Obtained from Bituminous Minerals from the Czech Republic in 2022:
- Poland (124.3 tons)
- Slovakia (20.1 tons)
- Germany (4.5 tons)
- Russia (2.6 tons)
- Austria (1.4 tons)
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