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World - Additives For Lubricating Oils - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

World - Additives For Lubricating Oils - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jan 25, 2024

The Largest Import Markets for Lubricating Oil Additive

When it comes to the world's best import markets for lubricating oil additives, several countries stand out for their significant import values. As per the data from the IndexBox market intelligence platform, here are the top 10 countries based on their import values in 2022:

1. China: Leading the Way

China takes the lead as the world's largest importer of lubricating oil additives, with an import value of 1.1 billion USD in 2022. The country's booming industrial sector, coupled with its rise as a major automobile manufacturer, has contributed to the increasing demand for lubricating oil additives.

2. Belgium: A Strong Market

Belgium follows closely behind China with an import value of 940.3 million USD in 2022. The country's strategic location at the heart of Europe and its well-developed logistics infrastructure make it an attractive import destination for lubricating oil additives.

3. Germany: A Powerhouse of Imports

Germany secures the third spot on the list, with an import value of 839.1 million USD in 2022. As a major manufacturing hub and the largest economy in Europe, Germany's strong demand for lubricating oil additives demonstrates its position as a key player in the global market.

4. France: Fueling Growth

France ranks fourth in the world for lubricating oil additive imports, with a value of 799.5 million USD in 2022. The country's robust automotive industry, coupled with its focus on renewable energy, has led to increased demand for lubricating oil additives to support various applications.

5. Singapore: Emerging Import Market

Singapore is an emerging import market for lubricating oil additives, with an import value of 787.2 million USD in 2022. The country's strategic location as a transportation and trading hub, along with its role as a major refinery center, has contributed to the growth of the lubricating oil additives market.

6. United States: A Dominant Importer

The United States stands as a dominant player in the import market, with an import value of 737.9 million USD in 2022. The country's large automotive sector, coupled with its extensive industrial activities, fuels the demand for lubricating oil additives.

7. United Arab Emirates: Driving Imports

The United Arab Emirates (UAE) is a significant import market for lubricating oil additives, with an import value of 662.8 million USD in 2022. The UAE's thriving construction and transportation sectors, along with its strategic position in the Middle East, contribute to its growing import demand.

8. Italy: A Growing Market

Italy boasts a growing market for lubricating oil additives, with an import value of 510.4 million USD in 2022. The country's strong automotive and industrial sectors, coupled with its focus on sustainable technologies, stimulate the demand for high-quality lubricating oil additives.

9. South Korea: Increasing Imports

South Korea witnesses a notable increase in lubricating oil additive imports, with a value of 485.5 million USD in 2022. The country's well-established automotive industry, along with its growing shipbuilding and machinery sectors, drives the demand for lubricating oil additives.

10. Japan: A Steady Market

Japan, known for its technological advancements, maintains a steady import market for lubricating oil additives, with an import value of 427.9 million USD in 2022. The country's strong manufacturing base, particularly in the automotive and electronics sectors, sustains the demand for high-performance lubricating oil additives.

In conclusion, the world's best import markets for lubricating oil additives are spread across various regions. China leads the way, followed closely by Belgium, Germany, France, Singapore, the United States, the United Arab Emirates, Italy, South Korea, and Japan. As the global demand for lubricating oil additives continues to grow, these countries play a significant role in satisfying the market's requirements.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global lubricating oil additive 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 20594270 - 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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