Sri Lanka - Prepared Additives For Mineral Oils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLubricant Additives Price in Sri Lanka - 2021
Contents:
- Lubricant Additives Price in Sri Lanka (CIF) - 2022
- Lubricant Additives Price in Sri Lanka (FOB) - 2022
- Lubricant Additives Imports in Sri Lanka
- Lubricant Additives Exports in Sri Lanka
Lubricant Additives Price in Sri Lanka (CIF) - 2022
In 2022, the average lubricant additives import price amounted to $3,538 per ton, rising by 4.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 14%. The import price peaked at $3,786 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($6,126 per ton), while the price for China ($1,787 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Lubricant Additives Price in Sri Lanka (FOB) - 2022
In 2022, the average lubricant additives export price amounted to $6,241 per ton, increasing by 11% against the previous year. Over the period under review, the export price continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2020 an increase of 61% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($7,134 per ton), while the average price for exports to the Netherlands ($3,765 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Lubricant Additives Imports in Sri Lanka
After three years of growth, overseas purchases of prepared additives for mineral oils decreased by -14.5% to 4.2K tons in 2022. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. As a result, imports reached the peak of 4.9K tons, and then contracted in the following year.
In value terms, lubricant additives imports dropped to $15M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of $17M, and then shrank in the following year.
| Import of Lubricant Additives in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 7.0 | 6.4 | 9.7 | 7.9 | 4.1% |
| India | 0.9 | 1.3 | 2.3 | 2.9 | 47.7% |
| United States | 1.3 | 1.0 | 0.7 | 1.4 | 2.5% |
| France | 0.7 | 1.1 | 0.4 | 0.6 | -5.0% |
| Thailand | N/A | 0.1 | N/A | 0.6 | 144.9% |
| Belgium | 0.1 | N/A | 0.2 | 0.5 | 71.0% |
| Malaysia | 0.1 | 0.4 | 0.4 | 0.4 | 58.7% |
| China | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Saudi Arabia | 1.0 | 1.1 | 1.2 | N/A | 9.5% |
| Others | 1.1 | 1.2 | 1.6 | 0.5 | -23.1% |
| Total | 12.3 | 12.6 | 16.7 | 15.0 | 6.8% |
Top Suppliers of Lubricant Additives to Sri Lanka in 2022:
- Singapore (2174.0 tons)
- India (834.7 tons)
- United States (328.2 tons)
- Thailand (314.9 tons)
- Malaysia (165.6 tons)
- Belgium (132.4 tons)
- China (106.9 tons)
- France (100.4 tons)
Lubricant Additives Exports in Sri Lanka
In 2022, after three years of growth, there was significant decline in shipments abroad of prepared additives for mineral oils, when their volume decreased by -78.2% to 15 tons. Overall, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 168% against the previous year. As a result, the exports reached the peak of 68 tons, and then shrank rapidly in the following year.
In value terms, lubricant additives exports dropped remarkably to $93K in 2022. Over the period under review, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 143%. As a result, the exports reached the peak of $383K, and then shrank dramatically in the following year.
| Export of Lubricant Additives in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 46.9 | 110 | 79.9 | 85.1 | 22.0% |
| Netherlands | 0.1 | 0.3 | 1.0 | 2.6 | 196.2% |
| China | 6.4 | 6.9 | 4.9 | N/A | -12.5% |
| Nepal | 1.5 | N/A | N/A | N/A | 0% |
| Madagascar | 3.3 | 5.0 | 4.3 | N/A | 14.2% |
| Pakistan | N/A | N/A | 259 | N/A | 0% |
| Others | 20.6 | 35.9 | 33.7 | 5.2 | -36.8% |
| Total | 78.8 | 158 | 383 | 93.0 | 5.7% |
Top Export Markets for Lubricant Additives from Sri Lanka in 2022:
- Thailand (13.2 tons)
- Netherlands (0.7 tons)
This report provides an in-depth analysis of the lubricant additives market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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
-
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
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This report provides an in-depth analysis of the lubricant additives market in Sri Lanka.
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This report provides an in-depth analysis of the global lubricant additives market.
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This report provides an in-depth analysis of the global lubricating oil additive market.
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This report provides an in-depth analysis of the lubricant additives market in Sri Lanka.
365
This report provides an in-depth analysis of the lubricating oil additive market in Sri Lanka.
252
This report provides an in-depth analysis of the anti-knock preparations market in Sri Lanka.
1973
This report provides an in-depth analysis of the global lubricant additives market.
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