Algeria - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLubricant Additives Price in Algeria - 2022
Contents:
- Lubricant Additives Price in Algeria (CIF) - 2022
- Lubricant Additives Price in Algeria (FOB) - 2022
- Lubricant Additives Imports in Algeria
- Lubricant Additives Exports in Algeria
Lubricant Additives Price in Algeria (CIF) - 2022
The average lubricant additives import price stood at $3,351 per ton in 2022, rising by 3.1% against the previous year. Overall, the import price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 17% against the previous year. The import price peaked at $4,585 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($5,134 per ton), while the price for the United Arab Emirates ($2,778 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricant Additives Price in Algeria (FOB) - 2022
The average lubricant additives export price stood at $1,446 per ton in 2022, reducing by -14.8% against the previous year. Overall, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2014 an increase of 167%. As a result, the export price attained the peak level of $9,676 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -12.4% per year.
Lubricant Additives Imports in Algeria
In 2022, the amount of prepared additives for mineral oils imported into Algeria expanded modestly to 21K tons, surging by 2% against 2021. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 49%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, lubricant additives imports expanded remarkably to $72M in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Lubricant Additives in Algeria (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 21.8 | 35.0 | 55.1 | 60.8 | 40.8% |
United Arab Emirates | 1.8 | 3.8 | 6.1 | 3.7 | 27.1% |
United Kingdom | 1.6 | 2.0 | 1.3 | 1.9 | 5.9% |
Germany | 2.6 | 2.4 | 1.9 | 1.3 | -20.6% |
Egypt | 0.6 | 1.0 | 1.1 | 1.1 | 22.4% |
United States | 3.0 | 0.8 | 0.8 | 0.5 | -45.0% |
Others | 4.1 | 2.4 | 2.3 | 2.7 | -13.0% |
Total | 35.4 | 47.5 | 68.5 | 72.0 | 26.7% |
Top Suppliers of Lubricant Additives to Algeria in 2022:
- France (17.9K tons)
- United Arab Emirates (1.3K tons)
- United Kingdom (0.6K tons)
- Egypt (0.3K tons)
- Germany (0.3K tons)
- United States (0.1K tons)
Lubricant Additives Exports in Algeria
In 2022, the amount of prepared additives for mineral oils exported from Algeria soared to 59 tons, increasing by 17% compared with the year before. The total export volume increased at an average annual rate of +16.6% over the period from 2021 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, lubricant additives exports dropped slightly to $86K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern.
Export of Lubricant Additives in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Belgium | 0.1 | 85.7 | 85600.0% | ||
Netherlands | 86.1 | N/A | 0% | ||
Others | 0.1 | N/A | 0% | ||
Total | 86.3 | 85.7 | -0.7% |
Top Export Markets for Lubricant Additives from Algeria in 2022:
- Belgium (59.3 tons)
This report provides an in-depth analysis of the lubricant additives market in Algeria. 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:
- Algeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Algeria
- 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
This report provides an in-depth analysis of the lubricant additives market in Algeria.
This report provides an in-depth analysis of the lubricating oil additive market in Algeria.
This report provides an in-depth analysis of the anti-knock preparations market in Algeria.
This report provides an in-depth analysis of the global lubricant additives market.
This report provides an in-depth analysis of the global lubricating oil additive market.
This report provides an in-depth analysis of the global anti-knock preparations market.
This report provides an in-depth analysis of the lubricant additives market in Algeria.
This report provides an in-depth analysis of the lubricating oil additive market in Algeria.
This report provides an in-depth analysis of the anti-knock preparations market in Algeria.
This report provides an in-depth analysis of the global lubricant additives market.
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