Netherlands - Additives For Lubricating Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAugust 2023 Sees a Modest $30M Decrease in the Import of Lubricating Oil Additives in the Netherlands.
Netherlands Lubricating Oil Additive Imports
In August 2023, overseas purchases of additives for lubricating oils decreased by -1.2% to 6.6K tons, falling for the third consecutive month after two months of growth. In general, imports recorded a mild slump. The pace of growth appeared the most rapid in February 2023 with an increase of 14% against the previous month.
In value terms, lubricating oil additive imports shrank slightly to $30M (IndexBox estimates) in August 2023. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when imports increased by 9.8% month-to-month. As a result, imports reached the peak of $34M. From March 2023 to August 2023, the growth of imports failed to regain momentum.
| COUNTRY | Import Value of Lubricating Oil Additive in Netherlands (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | |
| France | 9.8 | 10.0 | 10.2 | 10.7 | 10.8 | 9.4 | 12.5 | 9.6 | 11.7 | 11.6 | 11.2 | 10.6 | 10.4 |
| Belgium | 7.3 | 6.9 | 5.7 | 6.3 | 7.4 | 7.5 | 5.1 | 6.5 | 8.0 | 6.3 | 8.0 | 6.7 | 7.4 |
| Italy | 4.1 | 3.7 | 3.6 | 4.0 | 2.8 | 4.3 | 3.6 | 4.2 | 3.7 | 3.1 | 4.9 | 4.0 | 5.0 |
| Germany | 4.1 | 5.0 | 3.5 | 1.9 | 4.0 | 2.8 | 3.6 | 3.0 | 2.4 | 3.3 | 2.2 | 3.3 | 3.4 |
| United States | 2.3 | 3.3 | 3.4 | 2.9 | 1.9 | 3.1 | 4.5 | 2.7 | 2.8 | 2.6 | 2.2 | 2.4 | 2.0 |
| Belarus | 0.7 | 0.7 | 0.5 | 0.6 | 1.2 | 0.8 | 1.4 | 1.5 | 0.7 | 1.2 | 1.8 | 0.8 | 0.6 |
| China | 0.8 | 0.7 | 0.4 | 0.3 | 2.1 | 0.6 | 0.6 | < 0.1 | 0.7 | 0.5 | 0.2 | 0.1 | < 0.1 |
| Others | 3.3 | 2.7 | 3.0 | 5.1 | 2.1 | 2.9 | 3.2 | 2.2 | 2.3 | 3.1 | 2.6 | 3.2 | 1.2 |
| Total | 32.4 | 33.1 | 30.5 | 31.7 | 32.3 | 31.4 | 34.4 | 29.8 | 32.2 | 31.7 | 33.0 | 31.2 | 30.2 |
Imports by Country
France (2.7K tons), Belgium (1.6K tons) and Italy (1.1K tons) were the main suppliers of lubricating oil additive imports to the Netherlands, with a combined 81% share of total imports.
From August 2022 to August 2023, the biggest increases were in Italy (with a CAGR of +1.3%), while purchases for the other leaders experienced a decline.
In value terms, France ($10M), Belgium ($7.4M) and Italy ($5M) constituted the largest lubricating oil additive suppliers to the Netherlands, with a combined 76% share of total imports.
Among the main suppliers, Italy, with a CAGR of +1.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In August 2023, the lubricating oil additive price amounted to $4,546 per ton (CIF, Netherlands), reducing by -2.1% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 5.4% m-o-m. Over the period under review, average import prices attained the maximum at $4,810 per ton in January 2023; however, from February 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($10,869 per ton), while the price for Belarus ($3,454 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the lubricating oil additive market in the Netherlands. 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:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- 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
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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
