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World - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Dec 26, 2023

The World's Best Import Markets for Lubricant Additives

Lubricant additives play a crucial role in enhancing the performance and longevity of lubricants used in various industries. As the demand for high-quality lubricants continues to rise, the import market for lubricant additives has experienced significant growth. In this article, we will explore the top import markets for lubricant additives and highlight key statistics and figures.

1. China

In 2022, China topped the list of importers of lubricant additives with an import value of $1.2 billion. The thriving manufacturing sector and increasing industrial activities in the country have contributed to the substantial demand for lubricants and additives.

2. Belgium

Belgium follows closely behind China, with an import value of $1.1 billion in 2022. The country's strategic location in Europe and its well-developed logistics infrastructure make it an attractive market for lubricant additives.

3. Germany

With an import value of $925.0 million, Germany secures the third spot on the list. Germany, being an industrial powerhouse, relies heavily on lubricants for its manufacturing activities, driving the demand for lubricant additives.

4. France

France imports lubricant additives worth $889.1 million in 2022, positioning it as one of the leading import markets. The automotive industry, along with other manufacturing sectors, drives the demand for lubricant additives in the country.

5. Singapore

Singapore, a major hub for international trade, imports lubricant additives totaling $871.2 million in 2022. The country's strategic location and well-established port infrastructure make it an ideal distribution center for lubricant additives in the Asia-Pacific region.

6. United States

The United States, with an import value of $865.2 million, is a significant player in the lubricant additives import market. The country's booming automotive industry and large-scale manufacturing contribute to the demand for high-quality lubricant additives.

7. United Arab Emirates

The United Arab Emirates (UAE) imports lubricant additives worth $755.7 million, making it a key player in the import market. The UAE's rapid industrial growth, particularly in the oil and gas sector, drives the demand for lubricants and additives.

8. Italy

Italy, known for its strong manufacturing sector, imports lubricant additives valued at $553.2 million in 2022. The automotive and machinery industries in Italy heavily rely on lubricant additives to optimize performance and ensure longevity.

9. South Korea

South Korea imports lubricant additives worth $550.1 million, securing a spot among the top import markets. The country's advanced manufacturing sector and high demand for automotive lubricants contribute to this significant import value.

10. Mexico

Mexico completes the list with an import value of $524.0 million in 2022. The country's growing automotive industry and increasing industrial activities drive the demand for lubricant additives.

The Role of IndexBox Market Intelligence Platform

When it comes to obtaining comprehensive market intelligence and reliable data, IndexBox provides a valuable resource for industry professionals. With its extensive database and insightful analysis, IndexBox offers a deep understanding of market trends, supply and demand dynamics, and competitive landscape.

For businesses looking to enter or expand in the lubricant additives import market, IndexBox can provide crucial information on market size, key players, and growth prospects. By leveraging the platform's data, businesses can make informed decisions and develop effective strategies to capitalize on emerging opportunities.

In conclusion, the import markets for lubricant additives are thriving, driven by the increasing demand for high-quality lubricants in various industries. As countries like China, Belgium, Germany, France, Singapore, the United States, the United Arab Emirates, Italy, South Korea, and Mexico continue to invest in industrial growth, the demand for lubricant additives is expected to further rise. By utilizing the data and insights provided by IndexBox, businesses can navigate these markets and drive their success.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global lubricant additives market. 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 20594250 - Anti-knock preparations
  • Prodcom 20594270 - Additives for lubricating oils
  • Prodcom 20594290 - Additives for mineral oils or for other liquids used for the same purpose as mineral oils (including gasoline) (excluding anti-knock preparations, additives for lubricating oils)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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